P.A.M. TRANSPORTATION SERVICES, INC. (NASDAQ:PTSI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

P.A.M. TRANSPORTATION SERVICES, INC. (NASDAQ:PTSI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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Item 5.02

Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.

On April 26, 2017, the Board of Directors (the Board) of P.A.M.
Transportation Services, Inc. (the Company) approved an increase
in the base salary for Daniel H. Cushman, our President and Chief
Executive Officer, to $600,000 and granted 100,000 restricted
shares of the Companys common stock to Mr. Cushman to the
Companys 2014 Amended and Restated Stock Option and Incentive
Plan, which has been previously filed with the Commission. These
shares will vest in three equal annual installments beginning on
the first anniversary of the grant date.

Item 5.07

Submission of Matters to a Vote of Security
Holders.

On April 26, 2017, the Annual Meeting of Stockholders of the
Company was held, at which meeting eight directors were elected
to serve as the Board until the next Annual Meeting of
Stockholders, the compensation of the named executive officers of
the Company for 2016 was approved, a voting period of every three
years was recommended for the advisory vote on named executive
officer compensation, and the appointment of Grant Thornton LLP
as the Companys independent registered public accounting firm for
the calendar year 2017 was ratified. Final vote tabulations are
indicated below:

(1)Election of eight director nominees to serve until the date of
the next Annual Meeting of Stockholders:

Votes For

Votes Withheld

Broker

Non-Votes

Frederick P. Calderone

4,650,401

932,999

506,290

Daniel H. Cushman

4,446,808

1,136,592

506,290

W. Scott Davis

5,409,714

173,686

506,290

Norman E. Harned

5,406,749

176,651

506,290

Franklin H. McLarty

5,416,254

167,146

506,290

Manuel J. Moroun

4,154,008

1,429,392

506,290

Matthew T. Moroun

4,576,265

1,007,135

506,290

Daniel C. Sullivan

5,369,190

214,210

506,290

(2)Proposal to approve, on a non-binding advisory vote basis,
named executive officer compensation for 2016:

Votes For

Votes Against

Abstentions

Broker Non-Votes

5,395,098

79,568

108,734

506,290

(3)Proposal to recommend, on a non-binding advisory vote basis,
the frequency of future advisory votes on named executive officer
compensation:

Every Year

Two Years

Three Years

Abstentions

Broker Non-Votes

924,572

2,738

4,543,518

112,572

506,290

Based on the results of this advisory vote, which was
consistent with the Companys Board of Directors
recommendation, the Company will include an advisory
shareholder vote on the executive compensation in its proxy
materials every three years.Accordingly, the next advisory
(non-binding) stockholder vote on executive compensation
will be held at the Companys 2020 Annual Meeting of
Stockholders. The next required advisory (non-binding)
stockholder vote regarding the frequency of future advisory
votes on named executive officer compensation will be held
in six years at the Companys 2023 Annual Meeting of
Stockholders.

(4)Proposal to ratify Grant Thornton LLP as the Companys
independent registered public accounting firm for 2017:

Votes For

Votes Against

Abstentions

Broker Non-Votes

6,064,215

23,913

1,562

Item .0

Regulation FD Disclosure.

The following information and the exhibit hereto shall not be
deemed “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), or
incorporated by reference in any filing under the Securities Act
of 1933, as amended, or the Exchange Act, except as shall be
expressly set forth by specific reference in such a filing:

On May 2, 2017, the Company issued a news release announcing that
on April 26, 2017, its Board of Directors reauthorized the
Companys stock repurchase program under which the Company can
repurchase up to 500,000 shares of its common stock from time to
time through the open market in accordance with Rule 10b-18 under
the Securities Exchange Act of 1934 or in privately negotiated
transactions. A copy of the news release is attached hereto as
Exhibit 99.1.

Item .0

Financial Statements and
Exhibits
.

(d)Exhibits. The following exhibit is furnished with this Report:

99.1News release issued by the Registrant on May 2, 2017.


About P.A.M. TRANSPORTATION SERVICES, INC. (NASDAQ:PTSI)

P.A.M. Transportation Services, Inc. is a holding company. The Company, through its subsidiaries, operates as a truckload transportation and logistics company. It operates in the motor carrier segment. It operates as a truckload dry van carrier transporting general commodities throughout the continental United States, as well as in certain Canadian provinces. It provides transportation services in Mexico under agreements with Mexican carriers. Its operations are classified into truckload services, or brokerage and logistics services. Truckload services include transportation services, in which it utilizes company owned trucks or independent operator owned trucks for the pickup and delivery of freight. The brokerage and logistics services consist of services, such as transportation scheduling, routing, mode selection, transloading and other services related to the transportation of freight, which may or may not involve the use of company owned or independent operator owned equipment.

P.A.M. TRANSPORTATION SERVICES, INC. (NASDAQ:PTSI) Recent Trading Information

P.A.M. TRANSPORTATION SERVICES, INC. (NASDAQ:PTSI) closed its last trading session down -1.37 at 17.28 with 19,064 shares trading hands.

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