SEC Form 4 · accession 0001683168-18-001790

PAMT CORP · PAMT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President & CEO · Director

Period of report

Jun 25, 2018

Accepted (ET)

Jun 26, 2018 · 6:15 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000798287

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Jun 25, 2018	M	4,000	$11.22	A	81,667	D
Common Stock	Jun 25, 2018	M	800	$11.22	A	82,467	D
Common Stock	Jun 25, 2018	M	19,600	$10.90	A	102,067	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Employee Stock Option (Right to Buy)^F1	$11.22	Jun 25, 2018	M	4,000	D	—	Nov 30, 2020	Common Stock	4,000	D
Employee Stock Option (Right to Buy)^F2	$11.22	Jun 25, 2018	M	800	D	—	Nov 30, 2020	Common Stock	800	D
Employee Stock Option (Right to Buy)^F3	$10.90	Jun 25, 2018	M	19,600	D	—	May 24, 2022	Common Stock	19,600	D

F1The option vested in five equal annual installments which began on November 30, 2011.
F2On November 30, 2010, the reporting person was granted an option for 25,600 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. Two Thousand (2,000) shares became exercisable in five equal annual installments beginning on the first anniversary of the date of the Company's earnings release in which the applicable performance criteria were met. The performance criteria for the second quarter of 2011 were met, resulting in the vesting of 2,000 shares in five equal annual installments beginning on July 27, 2012.
F3The option vested in five equal annual installments which began on May 24, 2013.