Forward Industries, Inc. — Director's Dealing 2005

May 24, 2005

SEC Form 4/A — Form 4/A

Issuer: FORWARD INDUSTRIES INC (FORD)
CIK: 0000038264
Period of Report: 2005-04-22

Reporting Person: LEVY EDWIN A (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-04-22	COMMON STOCK OPTION TO BUY	$15.91	A	10000	Acquired	2015-04-21	FORWARD INDUSTRIES COMMON STOCK (10000)	Direct
2005-04-29	COMMON STOCK OPTION TO BUY	$2.05	M	1000	Disposed	2013-05-08	FORWARD INDUSTRIES COMMON STOCK (1000)	Direct

Footnotes

F1: Fully vested common stock option to purchase 10,000 shares of Forward Industries Common Stock @ $15.91 granted 4/22/05 expiring 4/21/2015.

F2: Table 2 of original Form 4 filed 5/3/2005 is hereby amended to include the option grant of 10,000 shares as discussed in note 1 to this Form 4. All information in Table 1 of the original filing is not affected by this amendment and is therefore not being restated.