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Forward Industries, Inc. Director's Dealing 2010

Dec 23, 2010

31581_dirs_2010-12-23_ab52c6b7-3988-4101-8a06-d406c8c4324d.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: 2010-12-22

Reporting Person: McKenna James Owen III (CFO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-12-22 Forward Industries common stock option $3.36 A 7500 Acquired 2020-12-21 Forward Industries Common Stock (7500) Direct

Footnotes

F1: Stock options vest in five equal amounts over a five year vesting period, commencing December 21, 2011.