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Forward Industries, Inc. Director's Dealing 2005

Aug 3, 2005

31581_dirs_2005-08-03_0f11e324-6d68-4014-9680-1dcaac596708.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORWARD INDUSTRIES INC (FORD)
CIK: 0000038264
Period of Report: 2005-08-01

Reporting Person: SCHIFFMAN MICHAEL (Director, President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-08-01	Forward Industries Common Stock	M	73437	$2.5	Acquired	375864	Direct
2005-08-01	Forward Industries Common Stock	S	73437	$28.27	Disposed	302427	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-08-01	Common Stock Option	$2.5	M	73437	Disposed	2005-12-31	Forward Industries Common Stock (73437)	Direct

Footnotes

F1: Shares: Price:
5000 $28.00
5000 $28.05
5000 $28.10
5000 $28.15
5000 $28.20
5000 $28.25
10000 $28.30
5212 $28.35
5000 $28.40
5000 $28.45
5000 $28.50
5000 $28.55
5000 $28.60
3225 $28.65