SCOTT E. SCHARA - 08 Feb 2022 Form 4 Insider Report for FORWARD AIR CORP (FWRD)

Signature
/s/ Michael L. Hance, Attorney-in-Fact
Issuer symbol
FWRD
Transactions as of
08 Feb 2022
Net transactions value
$0
Form type
4
Filing time
09 Feb 2022, 17:37:01 UTC

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FWRD Common Stock Award $0 +1,294 +23% $0.000000 6,919 08 Feb 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock. The restricted stock vests in equal installments on February 8, 2023, February 8, 2024 and February 8, 2025.
F2 Includes 63.5339 shares of the Issuer's common stock purchased under the Forward Air Employee Stock Purchase Plan on December 31, 2021 in an exempt transaction.