PAMT CORP — Major Shareholding Notification 2009

Mar 23, 2009

SC 13D/A 1 v143638_sc-13da.htm Unassociated Document Licensed to: Vintage Filings Document Created using EDGARizer 4.0.6.4 Copyright 1995 - 2008 EDGARfilings, Ltd., an IEC company. All rights reserved

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 4)*

P.A.M. TRANSPORTATION SERVICES, INC .

(Name of Issuer)

COMMON STOCK, PAR VALUE $0.01 PER SHARE

(Title of Class of Securities)

693149-10-6

(CUSIP Number)

MATTHEW T. MOROUN

12225 STEPHENS ROAD

WARREN, MI 48089

(586) 939-7000 EXT. 2351

(Name, Address and Telephone Number of Person Authorized to

Receive Notices and Communications)

MARCH 20, 2009

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note : Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

• The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Page 1 of 6

| CUSIP
No. 693149-10-6 — 1. | Names
of Reporting Persons I.R.S.
Identification Nos. of above persons (entities only): Not
Required | |
| --- | --- | --- |
| | MATTHEW
T. MOROUN | |
| 2. | Check
the Appropriate Box if a Member of a Group (see
instructions) | |
| | (a) (b) | |
| 3. | SEC
Use Only | |
| 4. | Source
of Funds (see instructions) | |
| | SEE
ITEM 3 | |
| 5. | Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or
2(e) | |
| 6. | Citizenship
or Place of Organization | |
| | UNITED
STATES OF AMERICA | |
| Number
of Shares Beneficially Owned
by Each Reporting Person
With | 7. | Sole
Voting Power 1,623,373 * |
| | 8. | Shared
Voting Power 3,092,000 ** |
| | 9. | Sole
Dispositive Power 1,623,373 * |
| | 10. | Shared
Dispositive Power 3,092,000 ** |
| 11. | Aggregate
Amount Beneficially Owned by Each Reporting Person | |
| | 4,715,373 *,
** | |
| 12. | Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (see
instructions) | |
| 13. | Percent
of Class Represented by Amount in Row (11) | |
| | 50.1% | |
| 14. | Type
of Reporting Persons (see instructions) | |
| | IN | |

• Consists of (i) 1,613,373 shares of the Issuer’s Common Stock owned directly by Matthew T. Moroun and (ii) 10,000 shares of the Issuer’s Common Stock issuable to Mr. Moroun upon exercise of stock options granted to Mr. Moroun by the Issuer.

** Consists of 3,092,000 shares of the Issuer’s Common Stock held by the Moroun Trust, of which Mr. Moroun is a beneficiary and, together with Mr. Hal M. Briand, a co-trustee.

Page 2 of 6

| CUSIP
No. 693149-10-6 — 1. | Names
of Reporting Persons I.R.S.
Identification Nos. of above persons (entities only): Not
Required | |
| --- | --- | --- |
| | HAL
M. BRIAND | |
| 2. | Check
the Appropriate Box if a Member of a Group (see
instructions) | |
| | (a) (b) | |
| 3. | SEC
Use Only | |
| 4. | Source
of Funds (see instructions) | |
| | SEE
ITEM 3 | |
| 5. | Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or
2(e) | |
| 6. | Citizenship
or Place of Organization | |
| | UNITED
STATES OF AMERICA | |
| Number
of Shares Beneficially Owned
by Each Reporting Person
With | 7. | Sole
Voting Power 0 |
| | 8. | Shared
Voting Power 3,092,000 ** |
| | 9. | Sole
Dispositive Power 0 |
| | 10. | Shared
Dispositive Power 3,092,000 ** |
| 11. | Aggregate
Amount Beneficially Owned by Each Reporting Person | |
| | 3,092,000 ** | |
| 12. | Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (see
instructions) | |
| 13. | Percent
of Class Represented by Amount in Row (11) | |
| | 32.9% | |
| 14. | Type
of Reporting Persons (see instructions) | |
| | IN | |

** Consists of 3,092,000 shares of the Issuer’s Common Stock held by the Moroun Trust, of which Mr. Matthew T. Moroun is a beneficiary and, together with Mr. Hal M. Briand, a co-trustee.

Page 3 of 6

This Amendment No. 4 supplements and amends Items 3, 4 and 5 of the statement on Schedule 13D filed on January 15, 1997, as amended by Amendment No. 1 filed on March 8, 2002, Amendment No. 2 filed on March 21, 2002 and Amendment No. 3 filed on March 6, 2009 (as amended, the “Schedule 13D”). Each Item below amends and supplements the information disclosed under the corresponding Item of the Schedule 13D. Capitalized terms used but not defined herein shall have the meanings attributed to them in the Schedule 13D.

ITEM 3. Source and Amount of Funds or Other Consideration.

Item 3 of the Schedule 13D is hereby amended and supplemented by inserting the following paragraph after the last paragraph thereof:

Since March 6, 2009, Mr. Moroun has purchased an aggregate of 106,187 shares of Common Stock in open market transactions or by exercising stock options he held. The source of funds used to purchase these shares was Mr. Moroun’s personal funds.

ITEM 4. Purpose of Transaction.

Item 4 of the Schedule 13D is hereby amended and supplemented by inserting the following paragraph after the last paragraph thereof:

The purchases of Common Stock by Mr. Moroun between March 6, 2009 and March 20, 2009 were effectuated for investment purposes.

ITEM 5. Interest in Securities of the Issuer.

Item 5 of the Schedule 13D is hereby amended and restated in its entirety to read as follows:

(a) Mr. Moroun beneficially owns an aggregate of 4,715,373 shares, or 50.1%, of the Common Stock, including currently exercisable stock options to purchase 10,000 shares of Common Stock. Of the 4,715,373 shares beneficially owned by Mr. Moroun, 1,613,373 shares are owned directly by Mr. Moroun, 10,000 shares of Common Stock are issuable to Mr. Moroun upon the exercise of currently exercisable stock options, and 3,092,000 shares are held of record by the Moroun Trust, of which Mr. Moroun is a beneficiary and, together with Mr. Briand, a co-trustee. Mr. Briand beneficially owns an aggregate of 3,092,000 shares, or 32.9%, of the Common Stock, which shares are held of record by the Moroun Trust, of which Mr. Briand, together with Mr. Moroun, is a co-trustee.

(b) Mr. Moroun has sole power to vote or direct the vote and to dispose or direct the disposition of 1,623,373 shares of Common Stock, which includes currently exercisable stock options to purchase 10,000 shares of Common Stock. Mr. Moroun and Mr. Briand share the power to vote or direct the vote and to dispose or direct the disposition of 3,092,000 shares of Common Stock held by the Moroun Trust.

Page 4 of 6

(c) In the last 60 days, Mr. Moroun made the following purchases in open market transactions:

| Date | Number
of Shares | Price
Per Share |
| --- | --- | --- |
| 3/6/2009 | 29,861 | $2.97 |
| 3/6/2009 | 10,409 | $2.86 |
| 3/10/2009 | 100 | $3.02 |
| 3/11/2009 | 301 | $3.19 |
| 3/18/2009 | 10,405 | $5.79 |
| 3/19/2009 | 10,111 | $5.70 |
| 3/20/2009 | 10,000 | $6.08 |
| 3/20/2009 | 505 | $6.00 |
| 3/20/2009 | 3,867 | $6.10 |
| 3/20/2009 | 5,628 | $6.16 |
| 3/20/2009 | 25,000 | $6.00 |

(d) Not applicable.

(e) Not applicable.

Page 5 of 6

Signatures

After reasonable inquiry and to the best of our knowledge and belief, each of the undersigned certify that the information set forth in this statement is true, complete and correct.

Date: March 23, 2009

By: /s/ Matthew T. Moroun

Matthew T. Moroun

By: /s/ Hal M. Briand

Hal M. Briand

Page 6 of 6