SEC Form 4/A · accession 0001019687-15-002920
PAMT CORP · PAMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Allen West
Officer — VP Finance, CFO, Secy, Treas
Period of report
May 8, 2014
Accepted (ET)
Jul 30, 2015 · 9:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000798287
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1,F2,F3 | $11.22 | May 8, 2014 | M | 1,200 | D | — | Nov 30, 2020 | Common Stock | 1,200 | 800 | D |
| Employee Stock Option (Right to Buy)F1,F2,F4 | $11.22 | May 8, 2014 | M | 50 | D | — | Nov 30, 2020 | Common Stock | 50 | 75 | D |
Explanation of responses
- F1The original report aggregated this option with an option reported separately in this report. The options have the same exercise price and expiration date but different vesting terms.
- F2The date exercisable and the number of derivative securities beneficially owned following the reported transaction were incorrectly reported in the original report.
- F3This option vests in five equal annual installments beginning on November 30, 2011.
- F4On November 30, 2010, the reporting person was granted an option for 1,920 shares to vest based on the satisfaction of certain quarterly and annual performance criteria by P.A.M. Transportation Services, Inc. (the "Company") for each quarter in 2011 and for the year ended 2011. The performance criteria for the second quarter of 2011 were met, resulting in the option becoming exercisable as to 125 shares on July 27, 2011, the date of the Company's earnings release for the period in which the applicable performance criteria were met. The exercisable portion of the option vests in five equal annual installments beginning on July 27, 2012.