Forward Industries, Inc. — Director's Dealing 2021

Mar 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Forward Industries, Inc. (FORD)
CIK: 0000038264
Period of Report: 2021-03-11

Reporting Person: ZIGLAR JAMES W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-11	Common Stock	M	20000	$1.13	Acquired	30000	Direct
2021-03-11	Common Stock	S	20000	$3.50	Disposed	10000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-11	Stock Options (Right to Buy)	$1.13	M	20000	Disposed	2024-02-11	Common Stock (20000)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $3.45 to $3.55, inclusive. The Reporting Person undertakes to provide to Forward Industries, Inc., any security holder of Forward Industries, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth in this footnote 1.

F2: The stock options vested prior to the Transaction Date.