SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 9)*
SIMON TRANSPORTATION SERVICES INC.
(Name of Issuer)
CLASS A COMMON STOCK, $0.01 Par Value
(Title of Class of Securities)
828813105
(CUSIP Number)
Jerry Moyes
2200 South 75th Avenue
Phoenix, AZ 85043
(623) 269-9700
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
August 7, 2000
(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 that is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box. [ ]
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 240.13d-7 for other
parties to whom copies are to be sent.
* 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
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 ("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).
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SCHEDULE 13D
CUSIP NO. 828813105
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(1) Names of Reporting Persons Jerry Moyes
I.R.S. Identification Nos. of Above Persons (entities only)
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(2) Check the Appropriate Box if a Member of a Group
(See Instructions) (a)[ ]
(b)[ ]
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(3) SEC Use Only
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(4) Sources of Funds (See Instructions) PF and BK
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(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ]
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(6) Citizenship or Place of Organization United States of America
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NUMBER OF (7) Sole Voting Power 1,561,298*
SHARES _________________________________________
BENEFICIALLY (8) Shared Voting Power
OWNED BY _________________________________________
EACH (9) Sole Dispositive Power 1,561,298*
REPORTING _________________________________________
PERSON WITH (10) Shared Dispositive Power
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,561,298
--------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]
(See Instructions)
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(13) Percent of Class Represented by Amount in Row (11) 30.0% of
Class A Common Shares
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(14) Type of Reporting Person (See Instructions) IN
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-------------------------
*As to 1,213,298 Shares, together with wife, Vickie Moyes, as trustees.
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SCHEDULE 13D
CUSIP NO. 828813105
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(1) Names of Reporting Persons SME Steel Contractors, Inc.
I.R.S. Identification Nos. of Above Persons (entities only) 87-0495960
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(2) Check the Appropriate Box if a Member of a Group (a)[ ]
(See Instructions) (b)[ ]
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(3) SEC Use Only
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4) Sources of Funds (See Instructions) WC
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(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ]
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(6) Citizenship or Place of Organization Utah
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NUMBER OF (7) Sole Voting Power 300,000
SHARES ________________________________________
BENEFICIALLY (8) Shared Voting Power
OWNED BY ________________________________________
EACH (9) Sole Dispositive Power 300,000
REPORTING ________________________________________
PERSON WITH (10) Shared Dispositive Power
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person 300,000
--------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [ ]
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(13) Percent of Class Represented by Amount in Row (11) 5.8% of
Class A Common Shares
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(14) Type of Reporting Person (See Instructions) CO
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SCHEDULE 13D
CUSIP NO. 828813105
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(1) Names of Reporting Persons
The Jerry and Vickie Moyes Family Trust Dated 12/11/87
I.R.S. Identification Nos. of Above Persons (entities only)
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (a)[ ]
(See Instructions) (b)[ ]
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(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Sources of Funds (See Instructions) PF
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(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ]
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(6) Citizenship or Place of Organization United States of America
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NUMBER OF (7) Sole Voting Power 1,213,298
SHARES _________________________________________
BENEFICIALLY (8) Shared Voting Power
OWNED BY _________________________________________
EACH (9) Sole Dispositive Power 1,213,298
REPORTING _________________________________________
PERSON WITH (10) Shared Dispositive Power
--------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,213,298
--------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [ ]
--------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 23.3% of
Class A Common Shares
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(14) Type of Reporting Person (See Instructions) OO
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SCHEDULE 13D
CUSIP NO. 828813105
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(1) Names of Reporting Persons Vickie Moyes
I.R.S. Identification Nos. of Above Persons (entities only)
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(2) Check the Appropriate Box if a Member of a Group (a)[ ]
(See Instructions) (b)[ ]
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(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Sources of Funds (See Instructions) PF
--------------------------------------------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ]
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(6) Citizenship or Place of Organization United States of America
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NUMBER OF (7) Sole Voting Power 1,213,298**
SHARES _________________________________________
BENEFICIALLY (8) Shared Voting Power
OWNED BY _________________________________________
EACH (9) Sole Dispositive Power 1,213,298**
REPORTING _________________________________________
PERSON WITH (10) Shared Dispositive Power
--------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,213,298
--------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [ ]
--------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 23.3% of
Class A Common Shares
--------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) IN
--------------------------------------------------------------------------------
-----------------------
**Together with husband, Jerry Moyes, as trustees.
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<PAGE>
SCHEDULE 13D
This Amendment No. 9 to Schedule 13D hereby amends the Schedule 13D dated
August 26, 1999, filed by Jerry Moyes and SME Steel Contractors, Inc. (the
"Original Filers"), as previously amended by Amendment No. 1 dated August 31,
1999, Amendment No. 2 dated November 19, 1999, Amendment No. 3 dated May 23,
2000, Amendment No. 4 dated June 30, 2000, Amendment No. 5 dated July 10, 2000,
Amendment No. 6 dated July 13, 2000, Amendment No. 7 dated July 21, 2000, and
Amendment No. 8 dated August 3, 2000 (the "Schedule 13D"). Amendment No. 2 added
two new filers, The Jerry & Vickie Moyes Family Trust Dated 12/11/87, and Vickie
Moyes (the "New Filers"; the Original Filers and the New Filers, together, the
"Filing Persons"). This Amendment No. 9 further amends the Schedule 13D as
described below.
ITEM 1. SECURITY AND ISSUER
Class A Common Stock, par value $0.01 (the "Shares")
Simon Transportation Services Inc. (the "Issuer")
5175 West 2100 South
West Valley City, Utah 84120-1252
ITEM 2. IDENTITY AND BACKGROUND
Set forth below is certain information with respect to each of the Filing
Persons and each of the persons enumerated in General Instruction C to Schedule
13D.
(1) SME Steel Contractors, Inc. is a Utah corporation, which is wholly
owned by SME Industries, Inc., a Nevada corporation (collectively, "SME"). The
principal business of SME is steel fabrication and erection. The address of its
principal business and principal office is 5955 West Wells Park Road, West
Jordan, Utah 84088.
(2) The Jerry & Vickie Moyes Family Trust Dated 12/11/87 (the "Trust") is a
grantor trust. The principal business of the Trust is to invest the Trust's
funds for the benefit of the Trust's beneficiaries. The address of the Trust's
principal office is 2200 South 75th Avenue, Phoenix, Arizona 85043. Jerry Moyes
and his wife, Vickie Moyes, are grantors, trustees, and beneficiaries of the
Trust.
(3) Jerry Moyes is a citizen of the United States of America, and his
business address is 2200 South 75th Avenue, Phoenix, Arizona 85043. His present
principal employment is as president of Swift Transportation Co., Inc.
(4) Vickie Moyes is a citizen of the United States of America, and her
address is 2200 South 75th Avenue, Phoenix, Arizona 85043. Her present principal
employment is as a homemaker.
During the last five years, none of the Filing Persons and no director or
executive officer of SME, (i) has been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors), or (ii) has been a party
to a civil proceeding of a judicial or administrative body of competent
jurisdiction as a result of which he, she or it was or is 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.
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<PAGE>
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Jerry Moyes used personal funds to purchase 348,000 Shares in the open
market at prices ranging from $4.5625 to $7.1875 per share for an aggregate
purchase price of $2,183,608.25. The Trust used trust income to purchase
1,213,298 Shares in the open market at prices ranging from $4.00 to $7.1875 per
share for an aggregate purchase price of $7,565,897.65 and sold 40,000 Shares at
prices ranging from $4.875 to $5.4159 for an aggregate sales price of $202,284.
SME Steel Contractors, Inc., a Utah corporation ("SME-Utah"), used its working
capital to purchase an additional 300,000 Shares in the open market at prices
ranging from $4.125 to $4.9572 per share for an aggregate purchase price of
$1,335,934. SME-Utah is a wholly owned subsidiary of SME Industries, Inc., a
Nevada corporation ("SME-Nevada"). Mr. Moyes owns approximately 75% of the
outstanding voting stock of SME-Nevada. Mr. Moyes disclaims beneficial ownership
of any Shares attributable to the percentage of SME-Nevada he does not own.
ITEM 4. PURPOSE OF TRANSACTION
The Filing Persons currently hold their beneficial interests in the Shares
for investment purposes. As explained, and on the basis described below, the
Filing Persons intend to effect a change in control of the Issuer if certain
conditions occur. On August 10, 2000, Richard D. Simon, founder, Chairman of the
Board, and Chief Executive Officer of the Issuer, and Mr. Moyes reached a
conditional agreement for Mr Moyes' purchase of all 913,751 Shares of the
Issuer's Class B Common Stock, which is currently owned by Mr. Simon, at a price
of $9.00 per Share. The Shares of the Issuer's Class B Common Stock entitle Mr.
Simon and his family members to two votes per Share, but will be automatically
convert into Class A Common Shares and thereafter will entitle Mr. Moyes to only
one vote per Share if the proposed sale is completed. Upon such conversion no
Class B Shares would remain outstanding. If the transaction is completed, Mr.
Moyes would hold approximately 45% of the Issuer's outstanding common stock and
would become Chairman of the Board. The transaction is subject to satisfaction
of a number of conditions, including Mr. Moyes' completion of due diligence and
approval of the terms of a consulting and non-competition agreement between the
Issuer and Mr. Simon and employment and non-competition agreements between the
Issuer and other executive officers. The transaction also is subject to the
Issuer's issuance to Mr. Moyes of a warrant to purchase up to 300,000 additional
Shares of Class A Common Stock at a price of $7.00 per share and the appointment
of Mr. Moyes and his nominees as a majority of the Issuer's Board of Directors.
As part of the review of their investments in the Shares, the Filing Persons may
explore from time to time in the future a variety of alternatives, including,
without limitation: (a) the acquisition of additional securities of the Issuer
or the disposition of securities of the Issuer; (b) an extraordinary corporate
transaction, such as a merger, reorganization, or liquidation, involving the
Issuer or any of its subsidiaries; (c) a sale or transfer of a material amount
of assets of the Issuer or any of its subsidiaries; (d) a change in the present
board of directors or management of the Issuer, including a change in the number
or term of directors or to fill any existing vacancies on the board; (e) a
material change in the present capitalization or dividend policy of the Issuer;
(f) any other material change in the Issuer's business or corporate structure;
(g) changes in the Issuer's charter, bylaws, or instruments corresponding
thereto, or other actions that may impede the acquisition of control of the
Issuer by any person; (h) causing a class of securities of the Issuer to be
delisted from a national securities exchange or to cease to be authorized to be
quoted in an inter-dealer quotation system of a registered national securities
association; (i) causing a class of equity securities of the Issuer to become
eligible for termination of registration pursuant to Section 12(g)(4) of the
Securities Exchange Act of 1934, as amended; or
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<PAGE>
(j) any action similar to any of those enumerated above. There is no assurance
that the Filing Persons will develop any plans or proposals with respect to any
of the foregoing matters. Any alternatives that the Filing Persons may pursue
will depend upon a variety of factors, including, without limitation, current
and anticipated future trading prices for the Shares, the financial condition,
results of operations, and prospects of the Issuer, and general economic,
financial market, and industry conditions.
Except as set forth above, the Filing Persons have no plans nor proposals
with respect to any of the matters set forth in paragraphs (a) through (j) of
Item 4 of Schedule 13D.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
The aggregate number and percentage of Shares to which this Schedule 13D
relates is 1,861,298 Shares, representing 35.8% of the 5,196,358 Shares
outstanding as reflected in the Issuer's most recently filed Form 10-Q for the
period ended March 31, 2000. Jerry Moyes is the direct and beneficial owner of
348,000 Shares. The Trust is the direct and beneficial owner of an additional
1,213,298 Shares. As grantors, trustees, and beneficiaries of the Trust, Mr.
Moyes and his wife, Vickie Moyes, may be deemed to beneficially own (as defined
in rule 13d-3 promulgated under the Exchange Act) the Shares owned by the Trust.
SME-Utah is the direct beneficial owner of an additional 300,000 Shares. Because
Mr. Moyes owns approximately 75% of the outstanding voting stock of SME-Nevada,
which in-turn owns 100% of the outstanding voting stock of SME-Utah, Mr. Moyes
may also be deemed to beneficially own (as defined in Rule 13d-3 promulgated
under the Exchange Act) a portion of the 300,000 Shares owned by SME-Utah. Mr.
Moyes disclaims beneficial ownership of any Shares attributable to the
percentage of SME-Nevada he does not own.
Schedule A hereto describes transactions in the Shares effected during the
60 days preceding and including August 10, 2000.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER
None
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None
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<PAGE>
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.
August 10, 2000
(Date)
By: /s/ Earl H. Scudder
Earl H. Scudder on behalf of Jerry Moyes, individually
(Signature)
Earl H. Scudder, under power of attorney
(Name/Title)
By: /s/ Earl H. Scudder
Earl H. Scudder on behalf of Vickie Moyes, individually
(Signature)
Earl H. Scudder, under power of attorney
(Name/Title)
The Jerry & Vickie Moyes Family Trust Dated 12/11/87
By: /s/ Earl H. Scudder
Earl H. Scudder on behalf of Jerry Moyes,
Trustee of the Jerry & Vickie Moyes Family Trust Dated 12/11/87
(Signature)
Earl H. Scudder, under power of attorney
(Name/Title)
By: /s/ Earl H. Scudder
Earl H. Scudder on behalf of Vickie Moyes,
Trustee of the Jerry & Vickie Moyes Family Trust Dated 12/11/87
(Signature)
Earl H. Scudder, under power of attorney
(Name/Title)
SME Steel Contractors, Inc.
By: /s/ Earl H. Scudder
Earl H. Scudder on behalf of Gordon Holladay,
Secretary and Treasurer of SME Steel Contractors, Inc.
(Signature)
Earl H. Scudder, under power of attorney
(Name/Title)
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<PAGE>
Schedule A
The following table sets forth certain information concerning the Shares
purchased by Jerry Moyes, the Trust, and SME-Utah during the 60 days preceding
and including August 10, 2000. All purchases were made through brokerage
transactions on the NASDAQ National Market.
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Approximate
Average Purchase
Amount of Price Per Share
Identity Securities (Exclusive of
of Person Date of Transaction involved Commission)
--------- ------------------- -------- --------------
Jerry Moyes July 11, 2000 100,000 $ 5.0625
August 1, 2000 37,500 $ 7.0312
August 8, 2000 150,000 $ 7.1875
Jerry & Vickie Moyes
Family Trust Dated 12/11/87 July 5, 2000 40,000 $ 5.4375
July 6, 2000 40,000 $ 5.5625
July 6, 2000 (10,000) $ 5.4159
July 7, 2000 201,200 $ 5.1875
July 17, 2000 2,500 $ 5.5625
July 18, 2000 17,503 $ 6.0625
July 18, 2000 18,510 $ 5.9529
July 18, 2000 6,000 $ 6.0625
July 19, 2000 20,825 $ 6.2654
July 20, 2000 15,310 $ 6.5782
July 20, 2000 17,400 $ 6.8125
July 26, 2000 13,500 $ 6.13
July 27, 2000 14,000 $ 6.25
July 31, 2000 17,500 $ 6.5625
August 1, 2000 379,800 $ 7.0625
August 3, 2000 15,800 $ 7.0885
August 4, 2000 9,100 $ 7.1875
August 7, 2000 40,000 $ 7.1875
August 8, 2000 47,700 $ 7.1875
August 9, 2000 9,500 $ 7.1875
SME-Utah NONE
</TABLE>
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