------ U.S. SECURITIES AND EXCHANGE COMMISSION ------------------------------
FORM 4 WASHINGTON, D.C. 20549 OMB APPROVAL
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STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB Number: 3235-0287
[ ] Check this box if no Expires: January 31, 2005
longer subject to Filed pursuant to Section 16(a) of the Securities Estimated average burden
Section 16. Form 4 Exchange Act of 1934, Section 17(a) of the hours per response.........0.5
or Form 5 obligations Public Utility Holding Company Act of 1935 ------------------------------
may continue. See or Section 30(f) of the Investment Company
Instruction 1(b). Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s)
DESIGNATED FILER: MOROUN MATTHEW T. P.A.M. TRANSPORTATION SERVICES, INC. (PTSI) to Issuer (Check all applicable)
-------------------------------------------- ---------------------------------------------- X Director X 10% Owner
(Last) (First) (Middle) 3. IRS Identification 4. Statement for ---- ---
12225 STEPHENS ROAD Number of Reporting Month/Year Officer Other (specify
-------------------------------------------- Person, if an entity MARCH 2002 ---- --- below)
(Street) (Voluntary) ------------------- (give title below)
WARREN MI 48089 5. If Amendment,
-------------------------------------------- Date of Original ------------------------------------
(City) (State) (Zip) (Month/Year)
01/02 7. Individual or Joint/Group Filing
------------------- (Check Applicable Line)
X Form filed by One
---- Reporting Person
Form filed by More Than
---- One Reporting Person
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TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature of
(Instr. 3) action action or Disposed of (D) Securities Form: Indirect
Date Code (Instr. 3, 4 and 5) Beneficially Direct Beneficial
(Instr. 8) Owned at (D) or Ownership
(Month/ End of Month Indirect (Instr. 4)
Day/ --------------------------------------- (Instr. 3 and 4) (I)
Year) Code V Amount (A) or Price (Instr. 4)
(D)
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Common Stock 3/21/02 S 1,200,000 D $20.90
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Common Stock 3/30/01 P 5,000 A $7.06
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Common Stock 12/18/00 P 5,000 A $7.81
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1,361,713 D
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3,092,000 I Held by
Trust (1)
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED Page 1 of 2
TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER. SEC 1474 (3-99)
FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
DESIGNATED FILER: (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
MOROUN MATTHEW T.
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Expiration Securities Deriv-
Price of (Month/ (Instr. Acquired (A) Date (Instr. 3 and 4) ative
Deriv- Day/ 8) or Disposed (Month/Day/ Secur-
ative Year) of (D) (Instr. Year) ity
Security 3, 4, and 5) (Instr. 5)
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Date Expira- Amount or
-------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
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Stock Option Common
(right to buy) $20.79 3/01/2002 A V 2,000 3/01/2002 3/01/2007 Stock 2,000
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Stock Option Common
(right to buy) $6.00 1/18/2002 X 1,000 2/28/1997 2/28/2002 Stock 1,000
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9. Number of 10. Ownership 11. Nature of
derivative Form of Indirect
Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)
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9,000 D
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Explanation of Responses:
(1) The reporting person is a co-trustee and a beneficiary of the trust that holds the reported securities.
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ MATTHEW T. MOROUN March 21,
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- 2002
**Signature of Reporting Person -------
Note: File three copies of this Form, one of which must be manually signed. Date
If space provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this form are Page 2 of 2
not required to respond unless the form displays a currently valid OMB Number.