FORWARD AIR CORP 4
4 · FORWARD AIR CORP · Filed Feb 10, 2016
Insider Transaction Report
Form 4
FORWARD AIR CORPFWRD
DRUM CRAIG A
Senior Vice President, Sales
Transactions
- Award
Common Stock
2016-02-08+1,679→ 12,208 total - Tax Payment
Common Stock
2016-02-09−647→ 11,561 total - Award
Common Stock
2016-02-08+6,253→ 6,253 totalExercise: $43.67Exp: 2023-02-08→ Common Stock (6,253 underlying)
Footnotes (3)
- [F1]Award of time-vesting restricted stock under the Forward Air Corporation Amended and Restated Stock Option and Incentive Plan in a transaction exempt from Section 16(b) under Rule 16b-3. The stock vests equally in one-third increments over three years commencing 2/8/17 and fully vesting on 2/8/19.
- [F2]Restricted stock withheld by Issuer to satisfy minimum tax withholding obligation on vesting of restricted stock.
- [F3]This option vests 33-1/3% each year over a three year period commencing on 2/8/17.