SABRA DOUGLAS 4
4 · FORWARD INDUSTRIES INC · Filed Dec 15, 2009
Insider Transaction Report
Form 4
SABRA DOUGLAS
DirectorPresident and CEO
Transactions
- Award
Forward Industries Common Stock
2009-12-11$2.02/sh+10,000$20,200→ 75,000 total - Award
Forward Industries Common Stock Option
2009-12-11+10,000→ 10,000 totalExercise: $2.02From: 2010-12-10Exp: 2019-12-10→ Forward Industries Common Stock (10,000 underlying)
Footnotes (4)
- [F1]These shares are restricted shares granted under the Forward Industries Inc. Equity Incentive Plan and vest as follows: 3,334 on December 10, 2010 3,333 on December 10, 2011 3,333 on December 10, 2012
- [F2]Price is based on the closing market price on December 11, 2009.
- [F3]Includes 28,333 of unvested restricted shares previously granted under the Forward Industries Inc. Equity Incentive Plan
- [F4]3,334 stock options vest on December 10, 2010 3,333 stock options vest on December 10, 2011 3,333 stock options vest on December 10, 2012