FORWARD INDUSTRIES INC 4
4 · FORWARD INDUSTRIES INC · Filed Jan 3, 2008
Insider Transaction Report
Form 4
SABRA DOUGLAS
DirectorPresident and CEO
Transactions
- Award
FORWARD INDUSTRIES COMMON STOCK
2008-01-02$2.37/sh+20,000$47,400→ 50,000 total
Footnotes (3)
- [F1]These are restricted shares granted under the Forward Industries Inc, 2007 Equity Incentive Plan and vest as follows: 6,667 shares on January 2, 2009, 6,667 shares on January 2, 2010 and 6,666 shares on January 2, 2011.
- [F2]Based on the closing price on January 2, 2007.
- [F3]Includes 13,333 unvested restricted shares previously issued under the Forward Industries Inc, 2007 Equity Incentive Plan.