UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
J.B. HUNT TRANSPORT SERVICES, INC.
(Name of Issuer)
Common Stock, $.01 Par Value
(Title of Class of Securities)
445658-10-7
(CUSIP Number)
Charles C. Price, Esq.
Wright, Lindsey & Jennings LLP
200 West Capitol Avenue
Little Rock, Arkansas 72201-3699
501-371-0808
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
May 30, 2002
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
Check the following box if a fee is being paid with the statement [X]. (A fee is
not required only if the reporting person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less or such class.)
(See Rule 13d-7.)
Page 1
SCHEDULE 13D
CUSIP No. 445658-10-7
--------------------
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS, I.R.S. IDENTIFICATION NOS. OF ABOVE
PERSONS (ENTITIES ONLY)
J.B. HUNT, LLC
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(A) [ ]
(B) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
NOT APPLICABLE
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
STATE OF ARKANSAS
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY EACH -------------------------------------------------------
REPORTING 8 SHARED VOTING POWER
PERSON WITH
8,562,301
-------------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
-------------------------------------------------------
10 SHARED DISPOSITIVE POWER
8,562,301
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,562,301
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
--------------------------------------------------------------------------------
Page 2
SCHEDULE 13D
CUSIP No. 445658-10-7
--------------------
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS, I.R.S. IDENTIFICATION NOS. OF ABOVE
PERSONS (ENTITIES ONLY)
J.B. HUNT
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(A) [ ]
(B) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
NOT APPLICABLE
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES OF AMERICA
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 140,199
OWNED BY EACH -------------------------------------------------------
REPORTING 8 SHARED VOTING POWER
PERSON WITH
8,683,206
-------------------------------------------------------
9 SOLE DISPOSITIVE POWER
140,199
-------------------------------------------------------
10 SHARED DISPOSITIVE POWER
8,683,206
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,823,405
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
--------------------------------------------------------------------------------
Page 3
ITEM 1. Security and Issuer
This statement relates to the common stock, $0.01 par value, of J.B.
Hunt Transport Services, Inc. (the "Issuer"). The CUSIP number for the common
stock is 445658-10-7. The executive offices of the Issuer are located at 615
J.B. Hunt Corporate Drive, Lowell, Arkansas 72745.
ITEM 2. Identity and Background
(a) Name: Johnelle D. Hunt
(b) Business address: 615 J.B. Hunt Corporate Drive, Lowell,
Arkansas 72745
(c) Present Occupation: Corporate Secretary, J.B. Hunt Transport
Services, Inc.
(d) Johnelle D. Hunt has not, during the last five years, been
convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors).
(e) Johnelle D. Hunt was not, during the last five years, a party
to a civil proceeding of a judicial or administrative body of
competent jurisdiction, or subject to a judgment, decree or
final order enjoining future violations of, or prohibiting or
mandating activities subject to, federal or state securities
laws or finding any violation with respect to such laws.
(f) Citizenship: United States of America
(a) Name: Johnelle Hunt. LLC
(b) Business address: 611 Highway 45, Fayetteville, Arkansas 72703
(c) Principal Business: Management of the personal investments and
business assets of Johnelle D Hunt, its Co-Manager.
(d) The Johnelle Hunt, LLC, has not, during the last five years,
been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors).
(e) The Johnelle Hunt, LLC, was not, during the last five years, a
party to a civil proceeding of a judicial or administrative
body of competent jurisdiction, or subject to a judgment,
decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to
such laws.
(f) Citizenship: State of Arkansas
Page 4
(a) Name: J.B. Hunt
(b) Business address: 615 J.B. Hunt Corporate Drive, Lowell,
Arkansas 72745
(c) Present Occupation: Senior Chairman of the Board, J.B. Hunt
Transport Services, Inc.
(d) J.B. Hunt has not, during the last five years, been convicted
in a criminal proceeding (excluding traffic violations or
similar misdemeanors).
(e) J.B. Hunt was not, during the last five years, a party to a
civil proceeding of a judicial or administrative body of
competent jurisdiction, or subject to a judgment, decree or
final order enjoining future violations of, or prohibiting or
mandating activities subject to, federal or state securities
laws or finding any violation with respect to such laws.
(f) Citizenship: United States of America
(a) Name: J.B. Hunt, LLC
(b) Business address: 611 Highway 45, Fayetteville, Arkansas 72703
(c) Principal Business: Management of the personal investments and
business assets of J.B. Hunt, its Co-Manager.
(d) The J.B. Hunt, LLC, has not, during the last five years, been
convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors).
(e) The J.B. Hunt, LLC, was not, during the last five years, a
party to a civil proceeding of a judicial or administrative
body of competent jurisdiction, or subject to a judgment,
decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to
such laws.
(f) Citizenship: State of Arkansas
ITEM 3. Source and Amount of Funds or Other Consideration
Not applicable.
ITEM 4. Purpose of Transaction
This Schedule 13D reports the sale by the Johnelle Hunt, LLC, of
3,100,000 shares of the common stock of J.B. Hunt Transport Services, Inc.
("Company") in public offering of common stock by the Company on May 30, 2002.
The shares were sold by the Johnelle Hunt, LLC, on behalf of Johnelle D. Hunt.
This sale affected beneficial ownership of other parties (i.e, Mr. J.B. Hunt and
the J.B. Hunt LLC) because both Mr. Hunt and Mrs. Hunt serve as co-managers of
both the J.B. Hunt, LLC, and the Johnelle Hunt, LLC.
This sale significantly reduces the shares owned by Mrs. Hunt. As
Co-Manager of the J.B. Hunt, LLC, however, Mrs. Hunt continues to share
beneficial ownership of approximately 23.9% of Company stock.
Page 5
ITEM 5. Interest in Securities of the Issuer
(a) The Johnelle Hunt, LLC, is the beneficial owner of 120,905
shares of common stock of the Company which represents 0.33%
of the outstanding shares of the Company.
(b) Johnelle Hunt, LLC:
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: -0-
(ii) Shared power to vote or to direct the vote: 120,905
(iii) Sole power to dispose or to direct the disposition of: -0-
(iv) Shared power to dispose or to direct the disposition of: 120,905
(c) On May 30, 2002, the Johnelle Hunt, LLC, sold 3,100,000 shares
of the common stock, par value $.01, of the Company in a
public offering of securities. Mrs. Hunt is a Co-Manager of
the Johnelle Hunt, LLC.
(d) Not applicable.
(e) The Johnelle Hunt, LLC, ceased to be a reporting person upon
the sale of the shares described in (c) above.
(a) The total number of shares outstanding on March 31, 2002, was
36,365,045 shares. This is prior to the sale by the Company of
2,000,000 shares of stock in a public offering on May 30,
2002.
Mrs. Hunt is the beneficial owner of 8,686,317 shares of
common stock of the Company, which represents 23.9% of the
outstanding shares of the Company.
(b) Johnelle D. Hunt:
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 3,111
(ii) Shared power to vote or to direct the vote: 8,683,206
(iii) Sole power to dispose or to direct the disposition of: 3,111
(iv) Shared power to dispose or to direct the disposition of: 8,683,206
(c) On May 30, 2002, the Johnelle Hunt, LLC, sold 3,100,000 shares
of the common stock, par value $.01, of the Company in a
public offering of securities. Mrs. Hunt is a co-manager of
the Johnelle Hunt, LLC.
(d) Not applicable.
(e) The Johnelle Hunt, LLC, ceased to be a reporting person upon
the sale of the shares described in (c) above.
Page 6
(a) The J.B. Hunt, LLC, is the beneficial owner of 8,562,301
shares of common stock of the Company, which represents 23.5%
of the outstanding shares of the Company.
(b) J. B. Hunt, LLC:
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: -0-
(ii) Shared power to vote or to direct the vote: 8,683,206
(iii) Sole power to dispose or to direct the disposition of: -0-
(iv) Shared power to dispose or to direct the disposition of: 8,683,206
(c) On May 30, 2002, the Johnelle Hunt, LLC, sold 3,100,000 shares
of the common stock, par value $.01, of the Company in a
public offering of securities. Mrs. Hunt is a co-manager of
the Johnelle Hunt, LLC.
(d) Not applicable.
(e) Not applicable.
(a) Mr. Hunt is the beneficial owner of 8,823,405 shares of common
stock of the Company, which represents 24.3% of the
outstanding shares of the Company.
(b) J.B. Hunt:
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 140,199
(ii) Shared power to vote or to direct the vote: 8,683,206
(iii) Sole power to dispose or to direct the disposition of: 140,199
(iv) Shared power to dispose or to direct the disposition of: 8,683,206
(c) On May 30, 2002, the Johnelle Hunt, LLC, sold 3,100,000 shares
of the common stock, par value $.01, of the Company in a
public offering of securities. Mrs. Hunt is a co-manager of
the Johnelle Hunt, LLC.
(d) Not applicable.
(e) Not applicable.
ITEM 6. Contracts, Arrangements, Understandings or Relationships With Respect to
Securities of the Issuer
Not applicable.
ITEM 7. Material to be Filed as Exhibits
Not applicable.
Page 7
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
J.B. Hunt, LLC
By: /s/ J.B. HUNT
----------------------------------------
J.B. Hunt, Co-Manager
Page 8