4//SEC Filing
HAMILTON FRED 4
Accession 0001417014-10-000002
CIK 0000038264other
Filed
May 12, 8:00 PM ET
Accepted
May 13, 5:29 PM ET
Size
11.6 KB
Accession
0001417014-10-000002
Insider Transaction Report
Form 4
HAMILTON FRED
Director
Transactions
- Exercise/Conversion
Forward Industries Common Stock
2010-05-11$2.00/sh+20,000$40,000→ 20,000 total - Exercise/Conversion
Forward Industries Common Stock Option
2010-05-11−10,000→ 10,000 totalExercise: $2.20From: 2009-02-14Exp: 2018-02-14→ Forward Industries Common Stock (10,000 underlying) - Tax Payment
Forward Industries Common Stock
2010-05-11$4.23/sh−9,457$40,003→ 10,543 total - Exercise/Conversion
Forward Industries Common Stock Option
2010-05-11−10,000→ 20,000 totalExercise: $1.80From: 2010-02-11Exp: 2019-02-11→ Forward Industries Common Stock (10,000 underlying)
Footnotes (4)
- [F1]10,000 acquired for $1.80 per share via stock option exercise 10,000 acquired for $2.20 per share via stock option exercise
- [F2]9,457 shares were withheld as payment of exercise price ($40,000) for 20,000 options (10,000 with a strike price of $1.80 and 10,000 with a strike price of $2.20). The number of shares withheld was calculated using the closing stock price on the date of exercise, which was $4.23 on May 11, 2010.
- [F3]Per the closing stock price on the date of exercise, May 11, 2010.
- [F4]Represents the net amount of shares issued upon exercise.
Documents
Issuer
FORWARD INDUSTRIES INC
CIK 0000038264
Entity typeother
Related Parties
1- filerCIK 0001426188
Filing Metadata
- Form type
- 4
- Filed
- May 12, 8:00 PM ET
- Accepted
- May 13, 5:29 PM ET
- Size
- 11.6 KB