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): October 24, 2012
J.B. HUNT TRANSPORT SERVICES, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
| Arkansas | 0-11757 | 71-0335111 |
| (STATE OR OTHER JURISDICTION OF | Commission File Number | (IRS EMPLOYER |
| INCORPORATION OR ORGANIZATION | | IDENTIFICATION NO.) |
| | | |
| | | |
| | | |
| 615 J.B. Hunt Corporate Drive | | |
| Lowell, Arkansas | 72745 | (479) 820-0000 |
| (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) | (ZIP CODE) | (Registrant’s telephone number) |
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:
| { } | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| { } | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| { } | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| { } | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| ITEM 5.02 | COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS |
On October 25, 2012, our Executive Compensation Committee recommended and independent members of the Board of Directors approved the following base salaries for Kirk Thompson and John N. Roberts, III. On October 24, 2012, our Executive Compensation Committee approved the following base salaries for David Mee, Terry Matthews and Craig Harper.
| John N. Roberts III | President and CEO | $ 635,000 |
| | | |
| Kirk Thompson | Chairman of the Board | $ 500,000 |
| | | |
| Terry Matthews | EVP, President of Intermodal | $ 400,000 |
| | | |
| David G. Mee | EVP, Finance and Administration and CFO | $ 395,000 |
| | | |
| Craig Harper | EVP, Operations and COO | $ 375,000 |
A summary of our compensation arrangements with our named executive officers, excluding awards which may be made under our Management Incentive Plan, is attached as an exhibit to this Form 8-K.
The following information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
On October 25, 2012, we issued a news release announcing the declaration of a regular quarterly dividend of $0.14 per common share payable to stockholders of record on November 16, 2012. The dividend will be paid on November 30, 2012.
A copy of the news release is filed as an exhibit to this Form 8-K.
| ITEM 9.01 | FINANCIAL STATEMENTS AND EXHIBITS |
| | 99.1 | News release issued by J.B. Hunt Transport Services, Inc. on October 25, 2012 announcing declaration of a dividend. |
| | 99.2 | Summary of Compensation Arrangements with Named Executive Officers |
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, in the city of Lowell, Arkansas, on the 30th day of October 2012.
| | J.B. HUNT TRANSPORT SERVICES, INC. | |
| | | |
| | | | |
| | BY: | /s/ John N. Roberts, III | |
| | | John N. Roberts, III President and Chief Executive Officer (Principal Executive Officer) | |
| | BY: | /s/ David G. Mee | |
| | | David G. Mee Executive Vice President, Finance and Administration and Chief Financial Officer (Principal Accounting Officer) | |
