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Forward Industries, Inc. — Director's Dealing 2010
Nov 9, 2010
31581_dirs_2010-11-09_86b6b3bf-ad08-4ddf-9fb3-281865cc5f2a.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: 2010-11-05
Reporting Person: Johnson Brett M (CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-11-05 | Forward Industries Common Stock Options | $3.8 | A | 200000 | Acquired | 2020-11-04 | Forward Industries Common Stock (200000) | Direct |
Footnotes
F1: 200,000 options vest equally over 5 years from the date of grant:
40,000 vest on 11/4/2011
40,000 vest on 11/4/2012
40,000 vest on 11/4/2013
40,000 vest on 11/4/2014
40,000 vest on 11/4/2015
F2: Strike price is equal to the closing stock price of FORD on the grant date of 11/5/2010
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