Matthew T. Moroun - May 9, 2022 Form 4 Insider Report for PAM TRANSPORTATION SERVICES INC (PTSI)

Role: Director, 10%+ Owner
Signature: /s/ Courtney C. Crouch, III as Attorney-in-fact for Matthew T. Moroun
Stock symbol: PTSI
Transactions as of: May 9, 2022
Transactions value $: $28,437
Form type: 4
Date filed: 5/11/2022, 09:51 PM
Previous filing: Jan 18, 2022
Next filing: May 10, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PTSI	Common Stock	Award	$15K	+506	+0.01%	$29.60	3.65M	May 9, 2022	Direct	F1, F2
transaction	PTSI	Common Stock	Award	$13.5K	+506	+31.23%	$26.60	2.13K	May 9, 2022	By Son	F1, F2
holding	PTSI	Common Stock						12M	May 9, 2022	In Trust	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Award of common stock as part of annual retainer for non-employee directors.
F2	On August 16, 2021, and March 29, 2022, P.A.M. Transportation Services, Inc. effected separate 2-for-1 forward splits of its common stock in the form of respective 100% stock dividends, resulting in a four-fold increase in the number of shares of common stock beneficially owned by the reporting person since the reporting person's most recent Form 4 filing.