SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
WALTON JERRY W

(Last) (First) (Middle)
615 J.B. HUNT CORPORATE DRIVE

(Street)
LOWELL AR 72745

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HUNT J B TRANSPORT SERVICES INC [ JBHT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP/CFO EVP/CFO
3. Date of Earliest Transaction (Month/Day/Year)
11/11/2005
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/11/2005 11/11/2005 M 70,000 A $4.405 346,948 D
Common Stock 11/11/2005 11/11/2005 S 70,000 D $22.86 276,948 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock (1) 07/15/2010 08/15/2011 Common Stock 10,000 10,000 D
Right to Buy Stock Option $2.66 06/01/2001 10/12/2006 Common Stock 24,000 24,000 D
Right to Buy Stock Option $3.475 06/01/2002 11/02/2012 Common Stock 48,000 48,000 D
Right to Buy Stock Option $4.89 06/01/1999 12/04/2009 Common Stock 32,000 32,000 D
Right to Buy Stock Option $5.2 (2) 07/18/2007 Common Stock 8,000 8,000 D
Right to Buy Stock Option $7.08 10/24/2002 10/24/2010 Common Stock 50,000 50,000 D
Right to Buy Stock Option $12.2 06/01/2007 10/23/2010 Common Stock 40,000 40,000 D
Right to Buy Stock Option $20.365 06/01/2010 10/21/2012 Common Stock 40,000 40,000 D
Right to Buy Stock Option $4.405 11/11/2005 11/11/2005 M 70,000 06/01/2003 07/20/2006 Common Stock 70,000 $4.4 0 D
Explanation of Responses:
1. The resricted stock, approved by the Compensation Committee, vests in two 50% increments. There is no purchase price required by the recipient in connection with this award. Termination of the recipient's employment with the company for any reason other than death or disability shall result in forfeiture of the award on the date of termination.
2. First date exercisable 6/1/1997
Debbie Willbanks-POA 11/14/2005
** Signature of Reporting Person Date
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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.