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Forward Industries, Inc. Director's Dealing 2012

Nov 13, 2012

31581_dirs_2012-11-13_d810392c-a6bf-47a1-958c-024a2fb0c324.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: McKenna James Owen III (CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-08	Forward Industries Restricted Stock Units	A	105000	$1.16	Acquired	118925	Direct

Footnotes

F1: Granted 105,000 Restricted Stock Units that vest over three years from date of grant, 1/3 per year on each anniversary of the grant date, subject to terms of 2011 Long Term Incentive Plan.

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

F3: Includes 7,000 shares of unvested restricted Forward stock previously granted under Forward's equity incentive plans.