PAM TRANSPORTATION SERVICES INC 4
4 · PAM TRANSPORTATION SERVICES INC · Filed Jul 30, 2015
Insider Transaction Report
Form 4
West Allen
VP Finance, CFO, Secy, Treas
Transactions
- Exercise/Conversion
Common Stock
2015-07-29$11.22/sh+400$4,488→ 1,650 total - Disposition to Issuer
Common Stock
2015-07-29$56.57/sh−700$39,599→ 1,000 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2015-07-29−400→ 400 totalExercise: $11.22Exp: 2020-11-30→ Common Stock (400 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2015-07-29−50→ 25 totalExercise: $11.22Exp: 2020-11-30→ Common Stock (50 underlying) - Exercise/Conversion
Common Stock
2015-07-29$11.22/sh+50$561→ 1,700 total
Footnotes (3)
- [F1]The shares sold in this sale were purchased by the issuer pursuant to the issuer's previously disclosed stock repurchase program in accordance with Rule 10b-18.
- [F2]This option vests in five equal annual installments beginning on November 30, 2011.
- [F3]On 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.