Thomas Schmitt - 02 Feb 2022 Form 4 Insider Report for FORWARD AIR CORP (FWRD)

Role
President & CEO, Director
Signature
/s/ Michael L. Hance, Attorney-in-Fact
Issuer symbol
FWRD
Transactions as of
02 Feb 2022
Transactions value $
$0
Form type
4
Filing time
09 Feb 2022, 17:42:19 UTC
Previous filing
20 Sep 2021
Next filing
20 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FWRD Common Stock Tax liability $0 -961 -2.8% $0 33,074 02 Feb 2022 Direct F1
transaction FWRD Common Stock Tax liability $0 -827 -2.5% $0 32,247 04 Feb 2022 Direct F2
transaction FWRD Common Stock Award $0 +9,016 +28% $0 41,263 08 Feb 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by Issuer to satisfy minimum tax withholding obligation upon vesting of restricted stock on February 2, 2022.
F2 Shares withheld by Issuer to satisfy minimum tax withholding obligation upon vesting of restricted stock on February 4, 2022.
F3 Represents an award of restricted stock. The restricted stock vests in equal installments on February 8, 2023, February 8, 2024 and February 8, 2025.