TOMASELLO JOSEPH MICHAEL 4
4 · FORWARD AIR CORP · Filed Apr 1, 2024
Insider Transaction Report
Form 4
FORWARD AIR CORPFWRD
TOMASELLO JOSEPH MICHAEL
Chief Information Officer
Transactions
- Award
Common Stock
2024-03-15+1,506→ 25,931 total - Tax Payment
Common Stock
2024-03-15−449→ 25,482 total - Award
Common Stock
2024-03-15+567→ 26,049 total - Tax Payment
Common Stock
2024-03-15−168→ 25,881 total
Footnotes (3)
- [F1]Represents an award of performance shares that vests on March 15, 2024. The number of shares awarded was determined based on earnings before interest, taxes, depreciation and amortization per share of the Issuer as compared to pre-set earnings before interest, taxes, depreciation and amortization per share over a three-year performance period.
- [F2]Shares withheld by Issuer to satisfy minimum tax withholding obligation upon vesting of performance share award on March 15, 2024.
- [F3]Represents an award of performance shares that vests on March 15, 2024. The number of shares awarded was determined based on the performance of the common stock of the Issuer as compared to the performance of the common stock of a selected peer group over a three-year performance period.