Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
 
The Company’s stock repurchase program has been extended and expanded several times, most recently in November 2021, when the Board of Directors reauthorized 500,000 shares of common stock for repurchase under the initial September 2011 authorization. Since the reauthorization, the Company has repurchased 176,344 stock-split adjusted shares (including 41,610 pre-split shares) of its common stock under this repurchase program.
 
The following table summarizes the Company’s common stock repurchases during the third quarter of 2022. No shares were purchased during the quarter other than through this program, and all purchases were made by or on behalf of the Company and not by any “affiliated purchaser.”
 
Issuer Purchases of Equity Securities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Period
 
Total number
of shares
purchased
 
 
Average
price paid
per share
 
 
Total number of
shares purchased
as part of publicly
announced plans or
programs
 
 
Maximum number
of shares that may
yet be purchased
under the plans or
programs (1)
 
July 1-31, 2022
 
 
--
 
 
$
--
 
 
 
--
 
 
 
458,390
 
August 1-31, 2022
 
 
--
 
 
 
--
 
 
 
--
 
 
 
458,390
 
September 1-30, 2022
 
 
93,124
 
 
 
30.86
 
 
 
93,124
 
 
 
365,266
 
Total
 
 
93,124
 
 
$
30.86
 
 
 
93,124
 
 
 
 
 
 
 
(1)
The Company’s stock repurchase program does not have an expiration date.
 
25
Table of Contents
 
 
Exhibit
Number
 
Exhibit Description
 
 
 
3.1
 
Amended and Restated Certificate of Incorporation of the Registrant (incorporated by reference to Exhibit 3.1 of the Company's Form 10-Q filed on May 15, 2002)
3.2
 
Certificate of Amendment of Amended and Restated Certificate of Incorporation of the Registrant, filed with the Secretary of State of the State of Delaware on April 30, 2020 (incorporated by reference to Exhibit 3.1 of the Company’s Form 8-K filed on May 1, 2020)
3.3
 
Certificate of Amendment of Amended and Restated Certificate of Incorporation of the Registrant, filed with the Secretary of State of the State of Delaware on May 10, 2022
3.4
 
Amended and Restated By-Laws of the Registrant (incorporated by reference to Exhibit 3.2 of the Company's Form 8-K filed on December 11, 2007)
3.5
 
First Amendment to the Amended and Restated By-Laws of the Registrant (incorporated by reference to Exhibit 3.2 of the Company’s Form 8-K filed on January 7, 2020)
3.6
 
Second Amendment to the Amended and Restated By-Laws of the Registrant (incorporated by reference to Exhibit 3.3 of the Company’s Form 8-K filed on August 5, 2020)
3.7
 
Third Amendment to the Amended and restated By-Laws of the Registrant (incorporated by reference to Exhibit 3.1 of the Company’s Form 8-K filed on March 10, 2021)
31.1
 
Rule 13a-14(a) Certification of Principal Executive Officer
31.2
 
Rule 13a-14(a) Certification of Principal Financial Officer
32.1
 
Certification Pursuant to 18 U.S.C. Section 1350 as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101.INS
 
Inline XBRL Instance Document
101.SCH
 
Inline XBRL Taxonomy Extension Schema Document
101.CAL
 
Inline XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF
 
Inline XBRL Taxonomy Extension Definition Linkbase Document
101.LAB
 
Inline XBRL Taxonomy Extension Labels Linkbase Document
101.PRE
 
Inline XBRL Taxonomy Extension Presentation Linkbase Document
104
 
Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)
 
26
Table of Contents
 
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 thereunto duly authorized.
 
 
 
P.A.M. TRANSPORTATION SERVICES, INC.
 
 
 
 
Dated: October 28, 2022
By: /s/ Joseph A. Vitiritto
 
Joseph A. Vitiritto
 
President and Chief Executive Officer
 
(principal executive officer)
 
 
Dated: October 28, 2022
By: /s/ Allen W. West
 
Allen W. West
 
Vice President-Finance, Chief Financial
 
Officer, Secretary and Treasurer
 
(principal accounting and financial officer)
 
 
 
 
27
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.