FORWARD AIR CORP — Director's Dealing 2019

Feb 14, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORWARD AIR CORP (FWRD)
CIK: 0000912728
Period of Report: 2019-02-12

Reporting Person: RUBLE CHRIS C (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-12	Common Stock	M	3126	$43.67	Acquired	31489.1786	Direct
2019-02-12	Common Stock	M	3032	$47.82	Acquired	34521.1786	Direct
2019-02-12	Common Stock	M	1768	$58.40	Acquired	36289.1786	Direct
2019-02-12	Common Stock	S	7926	$65.12	Disposed	28363.1786	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-12	Stock Option (Right to Buy)	$43.67	M	3126	Disposed	2023-02-08	Common Stock (3126.0)	Direct
2019-02-12	Stock Option (Right to Buy)	$47.82	M	3032	Disposed	2024-02-06	Common Stock (3032.0)	Direct
2019-02-12	Stock Option (Right to Buy)	$58.4	M	1768	Disposed	2025-02-05	Common Stock (1768.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	29	Indirect

Footnotes

F1: This option vests 33-1/3% each year over a three year period commencing on 2/8/17.

F2: This option vests 33-1/3% each year over a three year period commencing on 2/6/18.

F3: This option vests 33-1/3% each year over a three year period commencing on 2/5/19.