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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 6)*
ARKANSAS BEST CORPORATION
(Name of Issuer)
Common Stock, Par Value $.01 Per Share
(Title of Class of Securities)
040790107
(CUSIP Number)
Check the following box if a fee is being paid with this statement ( ). (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 of such class.)
(See Rule 13d-7.)
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934, as amended ("Act"), or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
(Continued on following pages)
Page 1 of 5 Pages
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CUSIP NO. 040790107 SCHEDULE 13G
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robert A. Young, III
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(a) [ ]
Not Applicable (b) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States Citizen
NUMBER OF SHARES 5. SOLE VOTING POWER
2,125,639 Direct
89,840 Vested stock options
exercisable within
sixty (60) days
1,429 401(k)
---------
2,216,908
BENEFICIALLY 6. SHARED VOTING POWER
None
OWNED BY EACH 7. SOLE DISPOSITIVE POWER
Same as Number 5.
REPORTING PERSON 8. SHARED DISPOSITIVE POWER
None
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,216,908
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES * [ ]
Not Applicable
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.3%
*See Instructions Before Filling Out!
Page 2 of 5 Pages
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SCHEDULE 13G
12. TYPE OF REPORTING PERSON
IN
Item 1(a). Name of Issuer: Arkansas Best Corporation
Item 1(b). Address of Issuer's Principal Executive Offices:
3801 Old Greenwood Road
Fort Smith, Arkansas 72903
Item 2(a). Name of Person Filing: Robert A. Young, III
Item 2(b). Address of Principal Business Office or, if none, residence:
3801 Old Greenwood Road
Fort Smith, Arkansas 72903
Item 2(c). Citizenship: United States Citizen
Item 2(d). Title of Class of Securities: Common Stock, par value $.01
per share
Item 2(e). CUSIP Number: 040790107
Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13d-
2(b), check whether the person filing is: (Not applicable)
(a) [ ] Broker or Dealer registered under the Act
(b) [ ] Bank as defined in Section 3(a)(6) of the Act
(c) [ ] Insurance Company as defined in Section 3(a)(19) of
the Act
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act
(e) [ ] Investment Adviser registered under Section 203 of
the Investment Advisers Act of 1940
(f) [ ] Employee Benefit Plan, Pension Fund which is subject to
the provisions of the Employee Retirement Income Security
Act of 1974 or Endowment Fund; see Section
240.13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with Section
240.13d-1(b)(ii)(G); see Item 7
(h) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(H)
Page 3 of 5 Pages
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SCHEDULE 13G
Item 4. Ownership:
(a) Amount Beneficially Owned: 2,216,908
(b) Percent of Class: 11.3%
(c) Number of Shares as to which such person has:
(i) Sole power to vote or to direct the vote:
2,125,639 Direct
89,840 Vested stock options
exercisable within
sixty (60) days
1,429 401(k)
---------
2,216,908
(ii) Shared power to vote or to direct the vote:
None
(iii) Sole power to dispose or to direct the
disposition of:
Same as Item 4(c)(i)
(iv) Shared power to dispose or to direct the
disposition of:
None
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following [ ].
Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
Not Applicable
Item 7. Identification and Classification of the Subsidiary which
Acquired the Security Being Reported on by the Parent Holding
Company.
Not Applicable
Page 4 of 5 Pages
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SCHEDULE 13G
Item 8. Identification and Classification of Members of the Group.
Not Applicable
Item 9. Notice of Dissolution of Group.
Not Applicable
Item 10. Certification.
Not Applicable
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.
By: /s/ Robert A. Young, III
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Signature
President, Chief Executive
Officer and Director
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Name/Title
Date: February 8, 1999
Page 5 of 5 Pages
