McKenna James Owen III 4
4 · FORWARD INDUSTRIES INC · Filed Nov 13, 2012
Insider Transaction Report
Form 4
McKenna James Owen III
VP and CFO
Transactions
- Award
Forward Industries Restricted Stock Units
2012-11-08$1.16/sh+105,000$121,800→ 118,925 total
Footnotes (3)
- [F1]Granted 105,000 Restricted Stock Units that vest over three years from date of grant, 1/3 per year on each anniversary of the grant date, subject to terms of 2011 Long Term Incentive Plan.
- [F2]Price is equal to the closing stock price of Forward Industries on the date of grant.
- [F3]Includes 7,000 shares of unvested restricted Forward stock previously granted under Forward's equity incentive plans.