VALERIE A. BONEBRAKE - 09 Dec 2021 Form 4 Insider Report for FORWARD AIR CORP (FWRD)

Role
Director
Signature
/s/ Michael L. Hance, Attorney-in-Fact
Issuer symbol
FWRD
Transactions as of
09 Dec 2021
Net transactions value
$0
Form type
4
Filing time
05 Jan 2022, 19:38:11 UTC
Previous filing
20 Sep 2021
Next filing
13 May 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FWRD Dividend Equivalent Rights Award $0 +11 +10% $0.000000 117 09 Dec 2021 Common Stock 11 $0.000000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The dividend equivalent rights accrued on restricted stock units previously granted under the Forward Air Corporation Non-Employee Director Plans and are fully vested. Each dividend equivalent right is the economic equivalent of one share of Forward Air Corporation common stock.