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FORWARD AIR CORP Director's Dealing 2020

Apr 1, 2020

32398_dirs_2020-04-01_7f4f3786-8601-42f9-b663-7128e6c5a8d6.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORWARD AIR CORP (FWRD)
CIK: 0000912728
Period of Report: 2020-03-15

Reporting Person: MITCHIN KYLE R (Chief People Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-03-15 Common Stock A 2104 Acquired 13265.1348 Direct
2020-03-15 Common Stock F 639 Disposed 12626.1348 Direct

Footnotes

F1: Shares awarded in conjunction with a Performance Share Agreement issued on 2/6/17 under the Forward Air Corporation 2016 Omnibus Incentive Compensation Plan. In accordance with the Performance Share Agreement, the number of shares awarded was determined based on the three year performance of Forward Air Corporation common stock as compared to the share price performance of a selected peer group.

F2: Stock withheld by Issuer to satisfy minimum tax withholding obligation on award of stock.