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FORWARD INDUSTRIES INC·4

Jun 17, 2:33 PM ET

GALLOWAY BRUCE 4

4 · FORWARD INDUSTRIES INC · Filed Jun 17, 2010

Insider Transaction Report

Form 4
Period: 2010-06-16
FORWARD INDUSTRIES INCFORD
GALLOWAY BRUCE
Director
Transactions
  • Exercise/Conversion

    Forward Industries Common Stock

    2010-06-16$2.85/sh+10,000$28,500→ 20,000 total
  • Tax Payment

    Forward Industries Common Stock

    2010-06-16$4.68/sh−10,791$50,502→ 9,209 total
  • Exercise/Conversion

    Forward Industries Common Stock Option

    2010-06-16−10,000→ 45,000 total
    Exercise: $2.20From: 2009-02-14Exp: 2018-02-14→ Forward Industries Common Stock (10,000 underlying)
  • Exercise/Conversion

    Forward Industries Common Stock

    2010-06-16$2.20/sh+10,000$22,000→ 10,000 total
  • Exercise/Conversion

    Forward Industries Common Stock Option

    2010-06-16−10,000→ 35,000 total
    Exercise: $2.85From: 2007-08-03Exp: 2017-08-02→ Forward Industries Common Stock (10,000 underlying)
Footnotes (2)
  • [F1]20,000 options at combined exercise price of $50,500, divided by the closing stock price on exercise date of $4.68, resulted in 10,791 shares to be surrendered as payment of exercise price, leaving the net amount of 9,209 shares to be issued to the exercisee.
  • [F2]Represents the closing stock price on the date of exercise.

Documents

1 file
  • 4
    primary_doc.xmlPrimary

    PRIMARY DOCUMENT