SEC Company Response from FORWARD AIR CORP (FWRD) (CIK 0000912728) (FWRD) — Jan 17, 2008
FORWARD AIR CORP (FWRD) (CIK 0000912728)
Date: Jan. 17, 2008 · CIK: 0000912728 · Accession: 0001157523-08-000357
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 000-22490
Letter
Forward Air Corporation January 15, 2008 Max A. Webb Assistant Director Securities and Exchange Commission Washington, DC 20549
Re: File Number 000-22490 Form 10-K for the fiscal year ended December 31, 2006
Dear Mr. Webb:
We are in receipt of your correspondence to Forward Air Corporation (the "Company") dated December 20, 2007 (the "letter"). The letter was received on January 9, 2007 by Bruce A. Campbell, our Chairman, Chief Executive Officer and President. Please accept this as the Company's response to the matters set forth in the letter.
From our review of the letter, it is our understanding that the Securities and Exchange Commission (the "Commission") has conducted a "targeted review" of the Company's Form 10-K filing for the fiscal year ended December 31, 2006 and specifically Schedule 14A (collectively "the filing") to that filing.
In responding to the letter, the Company acknowledges from the outset that:
o It is responsible for the adequacy and accuracy of the disclosures filed with the Commission;
o It understands that staff comments and/or changes to its disclosure in response to staff comments does not foreclose the Commission from taking action with respect to the filing; and
o It may not assert staff comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.
<PAGE>
Max A. Webb Assistant Director Securities and Exchange Commission Page 2
The Commission has requested that, in future filings, the Company "disclose the performance goals, both target and stretch, that must be achieved in order for" our executive officers to earn their annual incentive compensation. The Company acknowledges the Commission's request and will disclose target and stretch performance goals in future filings, to the extent that the Company continues to utilize such performance metrics in determining annual incentive awards for its executive officers.
The Company is committed to satisfying the requirements of all applicable securities laws of the United States and providing its shareholders and prospective investors with adequate and accurate disclosure of information.
Should you have any questions regarding the Company's response, please do not hesitate to contact the undersigned.
Sincerely,
Matthew J. Jewell
Show Raw Text
<DOCUMENT>
<TYPE>CORRESP
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<TEXT>
Forward Air
Corporation
January 15, 2008
Max A. Webb
Assistant Director
Securities and Exchange Commission
Washington, DC 20549
Re: File Number 000-22490
Form 10-K for the fiscal year ended December 31, 2006
Dear Mr. Webb:
We are in receipt of your correspondence to Forward Air Corporation (the
"Company") dated December 20, 2007 (the "letter"). The letter was received on
January 9, 2007 by Bruce A. Campbell, our Chairman, Chief Executive Officer and
President. Please accept this as the Company's response to the matters set forth
in the letter.
From our review of the letter, it is our understanding that the Securities
and Exchange Commission (the "Commission") has conducted a "targeted review" of
the Company's Form 10-K filing for the fiscal year ended December 31, 2006 and
specifically Schedule 14A (collectively "the filing") to that filing.
In responding to the letter, the Company acknowledges from the outset that:
o It is responsible for the adequacy and accuracy of the
disclosures filed with the Commission;
o It understands that staff comments and/or changes to its
disclosure in response to staff comments does not foreclose the
Commission from taking action with respect to the filing; and
o It may not assert staff comments as a defense in any proceeding
initiated by the Commission or any person under the federal
securities laws of the United States.
<PAGE>
Max A. Webb
Assistant Director
Securities and Exchange Commission
Page 2
The Commission has requested that, in future filings, the Company "disclose
the performance goals, both target and stretch, that must be achieved in order
for" our executive officers to earn their annual incentive compensation. The
Company acknowledges the Commission's request and will disclose target and
stretch performance goals in future filings, to the extent that the Company
continues to utilize such performance metrics in determining annual incentive
awards for its executive officers.
The Company is committed to satisfying the requirements of all applicable
securities laws of the United States and providing its shareholders and
prospective investors with adequate and accurate disclosure of information.
Should you have any questions regarding the Company's response, please do
not hesitate to contact the undersigned.
Sincerely,
Matthew J. Jewell
Executive Vice President and
Chief Legal Officer
</TEXT>
</DOCUMENT>