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Ownership Document |
Schema Version: X0201 |
Document Type: 4 |
Period of Report: 4/2/04 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 38264 |
| Issuer Name: FORWARD INDUSTRIES INC |
| Issuer Trading Symbol: FORD |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 38264 |
| | Owner Name: FORWARD INDUSTRIES INC |
| Reporting Owner Address: |
| | Owner Street 1: 1801 GREEN RD |
| | Owner Street 2: SUITE E |
| | Owner City: POMPANO BEACH |
| | Owner State: FL |
| | Owner ZIP Code: 33064 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: PRESIDENT & COO |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: FORWARD INDUSTRIES COMMON STOCK |
| | Transaction Date: |
| | | Value: 4/2/04 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 3,300 |
| | | Transaction Price Per Share: |
| Value: 1.88 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 326,227 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: FORWARD INDUSTRIES COMMON STOCK |
| | Transaction Date: |
| | | Value: 4/2/04 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 3,300 |
| | | Transaction Price Per Share: |
| Value: 2.26 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 322,927 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: COMMON STOCK OPTION |
| | Conversion or Exercise Price: |
| | | Value: 1.88 |
| | Transaction Date: |
| | | Value: 4/2/04 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 3,300 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Value: 9/2/99 |
| | Expiration Date: |
| | | Value: 9/2/04 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: FORWARD INDUSTRIES COMMON STOCK |
| | | Underlying Security Shares: |
| Value: 3,300 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,012,000 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Owner Signature: |
| Signature Name: MICHAEL SCHIFFMAN |
| Signature Date: 4/5/04 |