UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
________________________________
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of The Securities Exchange Act of
1934
Date
of report (Date of earliest event reported): January
18, 2007
________________________________
P.A.M. TRANSPORTATION SERVICES, INC.
(Exact
name of registrant as specified in its charter)
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Delaware
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0-15057
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71-0633135
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(State
or other jurisdiction of incorporation)
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(Commission
File Number)
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(I.R.S.
Employer Identification No.)
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297
West Henri De Tonti, Tontitown, Arkansas 72770
(Address
of principal executive offices) (Zip Code)
Registrant’s
telephone number, including area code: (479)
361-9111
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N/A
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(Former
name or former address, if changed since last report)
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Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
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o
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Written
communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR
240.14d-2(b))
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR
240.13e-4(c))
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Item
5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal
Year.
On
January 18, 2007, the Board of Directors of P.A.M. Transportation Services,
Inc.
("PTSI") amended PTSI's By-Laws, effective as of that date. The amendments
deleted Article XII and amended several sections of Article II. A description
of
the changes effected by the amendments is set forth below.
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Article
XII was deleted. Article XII required officers and other employees
of PTSI
to reimburse PTSI for payments such as salary, commission, bonus,
interest, rent or entertainment expenses they receive that are disallowed
by the Internal Revenue Service as a proper deduction for income
tax
purposes under Section 162 of the Internal Revenue Code. This provision
was included in the By-Laws many years ago. The Board of Directors
believes that this Article may interfere with PTSI's compensation
plans
and arrangements achieving their intended purposes, and that provisions
such as Article XII are not usually included in By-Laws of public
companies. Article XIII of the By-Laws, regarding By-Law amendments,
was
renumbered as Article XII.
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| · |
Section
3 of Article II was amended to support and clarify the authority
of the
Board of Directors to fill vacancies resulting from increases in
the size
of the full Board of Directors, in addition to vacancies that may
result
from a director's resignation, removal, death or other
causes.
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| · |
Section
7 of Article II was amended to update the methods PTSI can use to
provide
notice to directors of special meetings of the Board of Directors
to
include, in addition to personal delivery and mail, express mail,
courier
service, facsimile, electronic mail, other means of electronic
transmission, and telephone, Section 7 of Article II was also amended
to
specify, for each method of notice, that delivery is adequate if
given a
specified number of days in advance of the
meeting.
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Sections
11 and 12 of Article II were amended to provide or clarify that notice
of
meetings of committees of the Board of Directors may be given or
waived in
the same manner as for special meetings of the Board of Directors.
The
amendments also specify, subject to any determination otherwise by
the
Board of Directors, which members of Board committees can call meetings
of
the committees.
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A
copy of
PTSI's By-Laws, as amended and restated as of January 18, 2007, is attached
to
this report as Exhibit 3.2.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits. The following exhibits are furnished with this Report:
3.2
By-Laws,
as amended and restated through January 18, 2007
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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P.A.M.
TRANSPORTATION SERVICES, INC
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Date:
January 22, 2007
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By:
/s/
Robert W. Weaver
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Robert
W. Weaver
President
and Chief Executive Officer
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EXHIBIT
INDEX
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Exhibit
Number
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Exhibit
Description
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3.2
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By-Laws,
as amended and restated through January 18,
2007
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