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Forward Industries, Inc. — Director's Dealing 2005
May 11, 2005
31581_dirs_2005-05-11_ec68794b-d4b1-4d68-a257-9393ba030843.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: 2005-05-10
Reporting Person: SCHIFFMAN MICHAEL (Director, President & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2005-05-10 | Forward Industries Common Stock | M | 15000 | $2 | Acquired | 317427 | Direct |
| 2005-05-10 | Forward Industries Common Stock | S | 15000 | $17.02 | Disposed | 302427 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2005-05-10 | Common Stock Option | $2 | M | 15000 | Disposed | 2005-12-31 | Forward Industries Common Stock (15000) | Direct |
Footnotes
F1: 5000 shares @ $16.81
5000 shares @ $17.00
5000 shares @ $17.25
Average Price = $17.02
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