Forward Industries, Inc. — Director's Dealing 2013

Dec 13, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORWARD INDUSTRIES INC (FORD)
CIK: 0000038264
Period of Report: 2013-12-11

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-11	Stock Option (Right to Buy)	$1.59	A	25000	Acquired	2023-12-11	Forward Industries Common Stock (25000)	Direct

Footnotes

F1: This amount includes options to purchase 485,000 shares of Common Stock, which were previously granted

F2: The exercise price is equal to the closing price of the common stock on the date of grant.

F3: Options have a three-year vesting period with equal installments on the first, second and third anniversary of the date of grant.