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FORWARD AIR CORP — Director's Dealing 2024
Mar 30, 2024
32398_dirs_2024-03-29_68e3c0a6-e017-48db-9ffa-8ff7457f0c7e.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: 2024-02-04
Reporting Person: Hance Michael L (CLO and Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-04 | Common Stock | F | 318 | — | Disposed | 45053.774 | Direct |
| 2024-02-07 | Common Stock | F | 185 | — | Disposed | 44868.774 | Direct |
| 2024-02-08 | Common Stock | F | 198 | — | Disposed | 44670.774 | Direct |
| 2024-03-15 | Common Stock | A | 10710 | — | Acquired | 55380.774 | Direct |
| 2024-03-15 | Common Stock | A | 19993 | — | Acquired | 75377.4515 | Direct |
Footnotes
F1: Shares withheld by Issuer to satisfy minimum tax withholding obligation upon vesting of restricted stock on February 4, 2024.
F2: Shares withheld by Issuer to satisfy minimum tax withholding obligation upon vesting of restricted stock on February 7, 2024.
F3: Shares withheld by Issuer to satisfy minimum tax withholding obligation upon vesting of restricted stock on February 8, 2024.
F4: Represents an award of restricted stock. The restricted stock vests in equal installments on March 15, 2025, March 15, 2026, and March 15, 2027.
F5: Represents a retention award of restricted stock which will vest on March 15, 2026 subject to continued service through the vesting date.
F6: Includes 1.38 shares of the Issuer's common stock purchased under the Forward Air Employee Stock Purchase Plan on June 30, 2023 and 2.29751 shares of the Issuer's common stock on December 31, 2023 in an exempt transaction.