BONEBRAKE VALERIE A 4
4 · FORWARD AIR CORP · Filed May 13, 2022
Insider Transaction Report
Form 4
FORWARD AIR CORPFWRD
BONEBRAKE VALERIE A
Director
Transactions
- Award
Dividend Equivalent Rights
2022-03-18+13.293→ 129.826 totalExercise: $0.00→ Common Stock (13.293 underlying) - Award
Common Stock
2022-05-11+1,227→ 9,052 total
Footnotes (2)
- [F1]Represents restricted stock awarded under the Forward Air Corporation Amended and Restated Non-Employee Director Stock Plan in a transaction exempt from Section 16(b) under Rule 16b-3. The stock fully vests on the earlier of (a) the day immediately prior to the first Annual Meeting that occurs after the grant date or (b) the first anniversary of the grant date.
- [F2]The dividend equivalent rights accrued on restricted stock units previously granted under the Forward Air Corporation Non-Employee Director Plans and are fully vested. Each dividend equivalent right is the economic equivalent of one share of Forward Air Corporation common stock.