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Forward Industries, Inc. Director's Dealing 2012

Nov 13, 2012

31581_dirs_2012-11-13_421af890-5f42-4523-9f31-698d74284ca8.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: 2012-11-08

Reporting Person: Garrett Robert Jr. (Director, CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-11-08 Forward Industries Restricted Stock Units A 125000 $1.16 Acquired 125000 Direct

Footnotes

F1: 125,000 of Restricted Stock Units granted on 11/8/12 that vest over three years from the date of grant, 1/3 per year on each anniversary of grant date, subject to terms of Forward's 2011 Long Term Incentive Plan.

F2: Price is equal to Forward's closing stock price on the date of grant.