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FORWARD AIR CORP Director's Dealing 2022

Feb 10, 2022

32398_dirs_2022-02-09_3b050e19-1607-40d1-ba0d-89280b89de5f.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: 2022-02-02

Reporting Person: Hance Michael L (CLO and Secretary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-02-02 Common Stock F 284 Disposed 38438.1548 Direct
2022-02-04 Common Stock F 474 Disposed 37964.1548 Direct
2022-02-08 Common Stock A 2470 Acquired 40437.6221 Direct

Footnotes

F1: Shares withheld by Issuer to satisfy minimum tax withholding obligation upon vesting of restricted stock on February 2, 2022.

F2: Shares withheld by Issuer to satisfy minimum tax withholding obligation upon vesting of restricted stock on February 4, 2022.

F3: Represents an award of restricted stock. The restricted stock vests in equal installments on February 8, 2023, February 8, 2024 and February 8, 2025.

F4: Includes 1.8179 shares of the Issuer's common stock purchased under the Forward Air Employee Stock Purchase Plan on June 30, 2021 and 1.6494 shares of the Issuer's common stock on December 31, 2021 in an exempt transaction.