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Forward Industries, Inc. Director's Dealing 2012

Oct 3, 2012

31581_dirs_2012-10-03_c6312674-23cf-4d1c-90bc-972a8ae6f24d.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: 2012-10-01

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

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-10-01 Forward Industries Common Stock Option $3.77 A 10000 Acquired 2022-09-30 Forward Industries Common Stock (10000) Direct
2012-10-01 Forward Industries Common Stock Option $5.31 A 50000 Acquired 2022-09-30 Forward Industries Common Stock (50000) Direct

Footnotes

F1: Strike price of $3.77 is pursuant to Mr. Garrett's Employment Agreement Dated April 2, 2012.

F2: Strike price of $5.31 is pursuant to Mr. Garrett's Employment Agreement signed on April 2, 2012.