Howard Morgan - 03 Jan 2022 Form 4 Insider Report for Forward Industries, Inc. (FORD)

Role
Director
Signature
/s/ Howard Morgan
Issuer symbol
FORD
Transactions as of
03 Jan 2022
Net transactions value
$0
Form type
4
Filing time
04 Jan 2022, 15:01:15 UTC
Previous filing
05 Oct 2021
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 +13,717 13,717 03 Jan 2022 Common Stock 13,717 $1.56 Direct F1, F2
transaction FORD Stock Options (Right to Buy) Award +14,045 14,045 03 Jan 2022 Common Stock 14,045 $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.