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ARCBEST CORP /DE/ Director's Dealing 2011

Mar 21, 2011

31872_dirs_2011-03-21_7c7b1a69-4d9e-4763-a797-0f18ffe35951.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARKANSAS BEST CORP /DE/ (ABFS)
CIK: 0000894405
Period of Report: 2011-03-17

Reporting Person: Kemp Wesley B (ABF President & CEO (1))

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-03-17 Common Stock, par value $0.01 per share F 26 $23.92 Disposed 34248 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, par value $0.01 per share 2634.801 Indirect
Common Stock, par value $0.01 per share 13225 Indirect
Common Stock, par value $0.01 per share 2014.835 Indirect

Footnotes

F1: Full title of officer is President and Chief Executive Officer, ABF Freight System, Inc., a wholly owned subsidiary.

F2: Shares have been rounded to the next whole share.

F3: Restricted Stock shares net settled and cancelled for employee's minimum federal and state tax withholding obligations under the Company's 2006 Restricted Stock Award Agreement.

F4: Mr. Kemp is trustee of the Wesley B. Kemp Trust.

F5: Mr. Kemp holds power of attorney over the Sharon Ann Kemp Living Trust April 16, 2001.

F6: Includes 2.392 shares acquired February 23, 2011 through automatic dividend reinvestment in the Arkansas Best Corporation 401(k) Plan. This dividend reinvestment is exempt from Section 16 pursuant to Rule 16a-3(f)(1)(i)(B). Calculation of stock shares in 401(k) account is based on Arkansas Best Corporation Stock Fund figures provided by the fund management company on 3/17/11.