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An award given to a member of a forum or message board who makes a post that is either outright stupid or clever and insightful. Normally nominated in jest to make the target a subject of ridicule, can also be an honor if given by the admins.

The term is taken from a contraction and mutilation of forum and grammy.
1.) Dude! You just got nominated for a WORST POST EVER formy!

2.) I'd like to thank the internets for this formy, and my dad, who without his drunken guidance I never would have learned how to scream in all caps for no reason.
by OogaBooga September 17, 2008