FORWARD AIR CORP — Director's Dealing 2020

Feb 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORWARD AIR CORP (FWRD)
CIK: 0000912728
Period of Report: 2020-02-04

Reporting Person: SCHMITT THOMAS (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-04	Common Stock	A	8054	—	Acquired	30545	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-04	Stock Option (Right to Buy)	$65.96	A	35918	Acquired	2027-02-04	Common Stock (35918.0)	Direct

Footnotes

F1: Award of time-vesting restricted stock under the Forward Air Corporation 2016 Omnibus Incentive Compensation Plan in a transaction exempt from Section 16(b)under Rule 16b-3. The stock vests equally in one-third increments over three years commencing 2/4/21 and fully vesting on 2/4/23.

F2: This option vests 33-1/3% each year over a three year period commencing on 2/4/21.