Forward Industries, Inc. — Director's Dealing 2003

Apr 30, 2003

4 1 rickenform4.htm Norman Ricken Form 4 - Prepared by E-Services - www.edgar2.net

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). (Print or Type Responses) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Expires: January 31, 2005 Estimated average burden hours per response. . . . 0.5

| 1. Name and Address
of Reporting Person* | 2. Issuer Name and Ticker or Trading
Symbol Forward Industries Inc. (FORD) | | | | | | | | | |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Ricken, Norman | 3. I.R.S. Identification Number of Reporting
Person, if an entity (voluntary) | 4. Statement for Month/Day/Year 04/29/2003 | | | | | | | | |
| (Last) (First)
(Middle) | | | | | | | | | | |
| 1801 Green Road
Suite E. | | 5. If Amendment,
Date of Original (Month/Day/Year) | | | | 7. Individual or Joint/Group
Filing (Check Applicable Line) X Form filed by One Reporting
Person Form filed by More than One
Reporting Person | | | | |
| (Street) Pompano Beach,
Fl 33064 | | | | | | | | | | |
| (City) (State)
(Zip) | Table I -
Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | | | | | | | | | |
| 1. Title of
Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed
Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | | 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | | | 5. Amount of Securities Beneficially Owned
Following Reported Transactions(s) (Instr. 3 and 4) | 6. Ownership Form:
Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of
Indirect Beneficial Ownership (Instr. 4) |
| | | | Code | V | Amount | (A) or (D) | Price | | | |
| Forward Industries Common Stock | 04/29/03 | N/A | P | | 5,000 | A | $1.87 | 30,700 | D | |

| Table II - Derivative Securities
Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants,
options, convertible securities) — 1. Title of
Derivative Security (Instr.3) | 4. Transaction Code (Instr. 8) | | 5. Number of
Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | | 6. Date Exerciseable and Expiration Date (Month/Day/Year) | | 7. Title and Amount
of Underlying Securities (Instr. 3 and 4) | 8. Price of
Derivative Security (Instr. 5) | 9. Number of
Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form
of Derivative Securities Beneficially Owned at End of Month (Instr. 4) |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | | |
| Common
Stock Options | | | | | | | | | 20,000 | D |

Explanation of Responses: .	//s//Norman Ricken **Signature of Reporting Person
Reminder:	Report on a separate line for each
class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one
reporting person, see Instruction
4(b)(v).
**	Intentional misstatements or
omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, on of which must be
manually signed. If space is insufficient, see Instruction 6 for procedure