PAMT CORP — Director's Dealing 2012

Mar 27, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAM TRANSPORTATION SERVICES INC (PTSI)
CIK: 0000798287
Period of Report: 2012-03-23

Reporting Person: Davis W Scott (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-23	COMMON STOCK	M	2000	$3.84	Acquired	0	Direct
2012-03-23	COMMON STOCK	M	2000	$11.75	Acquired	0	Direct
2012-03-23	COMMON STOCK	M	2000	$11.54	Acquired	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-23	DIRECTOR STOCK OPTION (RIGHT TO BUY)	$11.54	M	2000	Disposed	2017-03-02	COMMON STOCK (2000)	Direct
2012-03-23	DIRECTOR STOCK OPTION (RIGHT TO BUY)	$11.75	M	2000	Disposed	2016-03-02	COMMON STOCK (2000)	Direct
2012-03-23	DIRECTOR STOCK OPTION (RIGHT TO BUY)	$3.84	M	2000	Disposed	2014-03-02	COMMON STOCK (2000)	Direct