UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
[X] Current Report Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
June 6, 2000
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Frozen Food Express Industries, Inc.
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Commission File Number 1-10006
(Exact name of registrant as specified on its charter)
Texas 75-1301831
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(State or other jurisdiction of (IRS Employer Identification No.)
incorporation or organization)
1145 Empire Central Place Dallas, Texas 75247-4309
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(Address of principal executive offices) (Zip Code)
(2l4) 630-8090
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(Registrant's telephone number, including area code)
None
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(Former name, former address and former fiscal year, if changed
since last report)
INDEX
PART I - FINANCIAL INFORMATION
Page No.
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Item 1. Change in Control of Registrant N/A
Item 2. Acquisition or Disposition of Assets N/A
Item 3. Bankruptcies or Receiverships N/A
Item 4. Changes in Registrant's Certifying N/A
Accountants
Item 5. Other Events 3
Item 6. Resignations of Registrant's Directors N/A
Item 7. Financial Statements and Exhibits 3
Exhibit 10.1 Form of Change in Control 4
Agreement
Item 8. Change in Fiscal Year N/A
Item 5. OTHER EVENTS
A. On June 6, 2000, the Registrant has executed certain
changes in control agreements ("Agreements") with
several of its key executives. Generally, the
Agreements provide that a key executive (as named
below) will be entitled to receive specified severance
benefits equal to 290% of such executive's annual
compensation, should such key executive's employment by
the Company be terminated within 12 months of the
occurrence of a change in control, as defined by the
Agreements. The form of such Agreement are filed as
Exhibit 10.1 to this current report on Form 8-K.
Name Position
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Stoney M. Stubbs,Jr. President and Chief Executive
Officer
Charles G. Robertson Executive Vice President and
Chief Operating Officer
John T. Bailey Senior Vice President of
Operations
F. Dixon McElwee, Jr. Senior Vice President and
Chief Financial Officer
S. S. McKenney, III President - W & B Refrigeration
Service Company, Inc.
Edgar Eldridge President - American Eagle Lines
S. Russell Stubbs President - Lisa Motor Lines, Inc.
B. On June 14, 2000, The Board of Directors approved an
amendment to the Registrant's Bylaws. The amendment is
as follows:
1. Set the number of directors at nine (9) persons
2. Provide that there shall be three (3)
classes of three (3) directors elected at the
Registrant's 2001 annual meeting.
The classes are segregated as follows:
i) One class of director shall be elected for a
one (1) year term
ii) another class of director shall be elected for
a two (2) year term
iii) the other class of director shall be elected to
a three (3) year term.
3. Provide that directors may be removed only for cause.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
C. Exhibits
3.1 Amendment, Dated June 14, 2000, to Bylaws of Frozen Food
Express Industries, Inc.
10.1 Form of Change in Control Agreement
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act
of l934, the registrant has duly caused this report to be signed
on its behalf by the undersigned, hereunto duly authorized.
FROZEN FOOD EXPRESS INDUSTRIES, INC.
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(Registrant)
June 27, 2000 By: /s/ F. Dixon McElwee, Jr.
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F. Dixon McElwee, Jr.
Senior Vice President
Principal Financial
and Accounting Officer
