-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EzU+c6xJM61ZsfbED6ui6oCu+99NwvlgZHt8iB2W6wFjGFGuZTcytHqq1em5Qrcj ogUnZLkRdOrabhIUS3EFEA== 0001008886-11-000018.txt : 20110209 0001008886-11-000018.hdr.sgml : 20110209 20110209171715 ACCESSION NUMBER: 0001008886-11-000018 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110208 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110209 DATE AS OF CHANGE: 20110209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KNIGHT TRANSPORTATION INC CENTRAL INDEX KEY: 0000929452 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING (NO LOCAL) [4213] IRS NUMBER: 860649974 STATE OF INCORPORATION: AZ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32396 FILM NUMBER: 11588136 BUSINESS ADDRESS: STREET 1: 5601 W BUCKEYE RD CITY: PHOENIX STATE: AZ ZIP: 85043 BUSINESS PHONE: 6022692000 MAIL ADDRESS: STREET 1: 5601 W BUCKEYE RD CITY: PHOENIX STATE: AZ ZIP: 85043 8-K 1 form8k.htm FORM 8-K (QUARTERLY CASH DIVIDEND AND ADDITIONAL MEMBERS OF SENIOR MANAGEMENT TEAM) form8k.htm  


UNITED STATES
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):
February 8, 2011

_____________________________________________________________________

KNIGHT TRANSPORTATION, INC.
(Exact name of registrant as specified in its charter)



Arizona
001-32396
86-0649974
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
  Identification No.)


5601 W. Buckeye Road, Phoenix, AZ
85043
(Address of principal executive offices)
(Zip Code)


(602) 269-2000
(Registrant's telephone number, including area code)



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
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
   
 
On Wednesday, February 9, 2011, Knight Transportation, Inc., an Arizona corporation (the "Company"), issued a press release announcing additions to its senior management team.  The changes were approved by the Board of Directors on February 8, 2011.  A copy of the press release is attached to this report as Exhibit 99.
 
David A. Jackson has been appointed President of the Company and continues to serve as Chief Financial Officer.  Mr. Jackson, 35, has served as Chief Financial Officer since January 2004 and also has served as Treasurer from May 2006 to February 2011 and Secretary from November 2007 to February 2011.  Mr. Jackson served as Corporate Purchasing Manager from April 2000 until July 2002 and as the Owner Operator Program Director from July 2002 until January 2004.
   
Item 8.01
Other Events.
   
 
On Wednesday, February 9, 2011, the Company issued a press release announcing that its Board of Directors has declared a quarterly cash dividend of $0.06 per share of common stock.  The dividend is payable to the Company's shareholders of record as of March 4, 2011, and is expected to be paid on March 25, 2011.  A copy of the press release is attached to this report as Exhibit 99.
   
Item 9.01
Financial Statements and Exhibits.
   
 
(d)      Exhibits.
     
   EXHIBIT  
 
NUMBER
EXHIBIT DESCRIPTION
     
 
Knight Transportation, Inc. press release dated February 9, 2011, announcing quarterly cash dividend and additional members of senior management team

The information contained in Items 8.01 and 9.01 and the exhibit hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
 
The information in this report and the exhibit hereto may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. There can be no assurance that future dividends will be declared.  The declaration of future dividends is subject to approval of the Board of Directors each quarter after its review of the Company's financial performance and cash needs.  Declaration of future dividends is also subject to various risks and uncertainties, including: the Company's cash flow and cash needs; compliance with applicable law; restrictions on the payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; and the deterioration in the Company's financial condition or results.   Please refer to the last paragraph of the press release and various disclosures by the Company in its press releases, shareholder reports, and filings with the Securities and Exchange Commission for information concerning risks, uncertainties, and other factors that may affect future results.

 
 

 

SIGNATURE

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 hereunto duly authorized.


 
KNIGHT TRANSPORTATION, INC.
   
   
Date: February 8, 2011
By:
  /s/ David A. Jackson
   
David A. Jackson
   
President and Chief Financial Officer



 
 

 

EXHIBIT INDEX

EXHIBIT
NUMBER
 
EXHIBIT DESCRIPTION
     
 
Knight Transportation, Inc. press release dated February 9, 2011, announcing quarterly cash dividend and additional members of senior management team




EX-99 2 exhibit99.htm EXHIBIT 99 (PRESS RELEASE DATED FEBRUARY 9, 2011 ANNOUNCING QUARTERLY CASH DIVIDEND AND ADDITIONAL MEMBERS OF SENIOR MANAGEMENT TEAM) exhibit99.htm

Exhibit 99
 


KNIGHT TRANSPORTATION
ANNOUNCES QUARTERLY CASH DIVIDEND AND
ADDITIONAL MEMBERS OF SENIOR MANAGEMENT TEAM

PHOENIX, ARIZONA  --  February 9, 2011  -  Knight Transportation, Inc. (NYSE: KNX) announced today its quarterly cash dividend and additions to its senior management team.

Knight Transportation, Inc. announced today that its Board of Directors has declared the company’s quarterly cash dividend of $0.06 per share of common stock.  This quarterly dividend is pursuant to a cash dividend policy approved by the Board of Directors.  The actual declaration of future cash dividends, and the establishment of record and payment dates, is subject to final determination by the Board of Directors each quarter after its review of the company’s financial performance.  The company’s dividend is payable to shareholders of record on March 4, 2011 and is expected to be paid on March 25, 2011.

In additional news, the company also announced the appointment, effective immediately, of the following individuals to its senior management team:

David A. Jackson has been appointed President and continues to serve as Chief Financial Officer.  Mr. Jackson has served as Chief Financial Officer since January 2004 and also has served as Treasurer from May 2006 to February 2011 and Secretary from November 2007 to February 2011.  Prior to his appointment as the Chief Financial Officer, Mr. Jackson served in several positions at Knight between 2000 and 2004.  Mr. Jackson graduated from Arizona State University with a degree in global business with a specialization in finance.

Kevin Quast has been appointed Executive Vice President and Chief Operations Officer.  Mr. Quast most recently served as the Business Unit Leader for the Southeast.  He previously served in several senior sales and operations positions in the Southeast region since 2001 and in other operating departments since 1996.  Mr. Quast graduated from Brigham Young University with majors in Mandarin Chinese and Asian studies.

James E. Updike, Jr. has been appointed Executive Vice President of Sales and Marketing.  Mr. Updike has served as Vice President of Sales at Knight Refrigerated since September 2006 and as General Manager for the past two and a half years.  Prior to joining Knight Refrigerated, Mr. Updike served in several sales management and operations positions at Knight since 1996.  Mr. Updike graduated from Utah State University with a degree in business-marketing with a minor in finance.

Adam Miller has been appointed Senior Vice President of Accounting and Finance, Secretary, and Treasurer.  Mr. Miller has served as Controller of Knight Refrigerated since January 2006.  Mr. Miller began his career at Knight in September 2002 and has served in several accounting and finance positions.  Mr. Miller graduated from Arizona State University with a degree in accounting.

Chairman and Chief Executive Officer, Kevin Knight offered the following comments:  "We are excited to announce the additional responsibility given to these members of our team.  They bring a combination of energy, experience, and understanding of the Knight culture that adds significant depth and will enhance our operational support functions and drive smooth delivery of all of our service offerings to our customers.  We believe our company is positioned to support growth in each of our businesses while continuing to deliver industry-leading returns."

Knight Transportation, Inc. is a provider of multiple truckload transportation services using a nationwide network of service centers in the U.S. that serve North America.  In addition to operating one of the country’s largest tractor fleets, Knight also partners with third-party equipment providers to provide a broad range of truckload solutions to its customers.  As “Your Hometown National Carrier,” Knight strives to offer customers and drivers personal service and attention through each service center, while offering integrated freight transportation service.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, relating to our quarterly dividend.  There can be no assurance that future dividends will be declared.  The declaration of future dividends is also subject to approval of our Board of Directors each quarter after its review of our financial performance and cash needs.  Declaration of future dividends is also subject to various risks and uncertainties, including: our cash flow and cash needs; compliance with applicable law; restriction on the payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; the deterioration in our financ ial condition or results, and those risks, uncertainties, and other factors identified from time-to-time in our filings with the Securities and Exchange Commission.

Contact:  David Jackson, President and CFO, at (602) 269-2000


Return to Form 8-K
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