Sangita Shah - Jan 3, 2022 Form 4 Insider Report for Forward Industries, Inc. (FORD)

Role
Director
Signature
/s/ Sangita Shah
Stock symbol
FORD
Transactions as of
Jan 3, 2022
Transactions value $
$0
Form type
4
Date filed
1/4/2022, 03:01 PM
Previous filing
Oct 5, 2021
Next filing
Apr 5, 2022
SEC
View on sec.gov

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 FORD Stock Options (Right to Buy) Award +13.7K 13.7K Jan 3, 2022 Common Stock 13.7K $1.56 Direct F1, F2
transaction FORD Stock Options (Right to Buy) Award +14K 14K Jan 3, 2022 Common Stock 14K $1.56 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options vest one year from the Transaction Date, subject to continued service as a director on the vesting date.
F2 Not applicable.
F3 Fully vested.