Forward Industries, Inc. (NASDAQ:FORD) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Forward Industries, Inc. (NASDAQ:FORD) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

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On June 10, 2017, Forward Industries, Inc. granted each of its non-employee directors 35,000 shares of restricted common stock which vest subject to continued service as a director on February 23, 2018.

 

 


About Forward Industries, Inc. (NASDAQ:FORD)

Forward Industries, Inc. designs and distributes carry and protective solutions, primarily for hand held electronic devices, including soft-sided carrying cases, bags, clips, hand straps, protective plates and other accessories. The Company operates in the design and distribution of carry and protective solutions, primarily for hand held electronic devices segment. Its original equipment manufacturer (OEM) products include carrying cases and other accessories for blood glucose monitoring kits and various other portable electronic and non-electronic products. Its carrying cases are designed to enable the devices to be stowed in a pocket, handbag, briefcase, or backpack, clipped to a belt or shoulder strap, or strapped to an arm. Its products include Diabetic products and Other products. The Company, through its subsidiaries, Forward US and Forward Switzerland, distributes and sells its products across the world.

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