UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 3)* WERNER ENTERPRISES, INC. ---------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK ---------------------------------------------------------------------------- (Title of Class of Securities) 950755108 ---------------------------------------------------------------------------- (CUSIP Number) December 31, 2009 ---------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this schedule is filed. [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [X] Rule 13d-1(d) *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 in 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). CUSIP No. 950755108 Page 2 of 4 ---------------------------------------------------------------------------- 1. Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only). GREGORY L. WERNER ---------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [ ] (b) [ ] ---------------------------------------------------------------------------- 3. SEC Use Only ---------------------------------------------------------------------------- 4. Citizenship or Place of Organization: UNITED STATES OF AMERICA ---------------------------------------------------------------------------- Number of 5. Sole Voting Power 3,785,262 (1) Shares ---------------------------------------------- Beneficially 6. Shared Voting Power 0 Owned by ---------------------------------------------- Each 7. Sole Dispositive Power 3,785,262 (1) Reporting ---------------------------------------------- Person With 8. Shared Dispositive Power 0 ---------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 3,785,262 (1) ---------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares: [ ] ---------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9): 5.2% (2) ---------------------------------------------------------------------------- 12. Type of Reporting Person: IN ---------------------------------------------------------------------------- (1) Includes (i) 3,302,961 shares owned by Mr. Werner directly, (ii) 633 shares owned by the Gregory L. Werner Children's Trust, (iii) 30,000 shares of restricted stock granted to Mr. Werner subject to certain service-based vesting provisions, and (iv) 451,668 shares underlying stock options which are exercisable within 60 days of the reporting date. Mr. Werner does not have any voting or dispositive power with respect to his 30,000 shares of restricted stock until such stock fully vests. (2) The percentage of the Common Stock beneficially owned is based on 72,378,180 shares, which includes 71,896,512 shares of Common Stock outstanding as of December 31, 2009, 451,668 shares underlying stock options which are exercisable within 60 days of the reporting date, and 30,000 shares of unvested restricted stock. CUSIP No. 950755108 Page 3 of 4 Item 1. (a) Name of Issuer Werner Enterprises, Inc. (b) Address of Issuer's Principal Executive Offices 14507 Frontier Road Omaha, NE 68138 Item 2. (a) Name of Person Filing Gregory L. Werner (b) Address of Principal Business Office or, if none, Residence 14507 Frontier Road Omaha, NE 68138 (c) Citizenship United States of America (d) Title of Class of Securities Common Stock (e) CUSIP Number 950755108 Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a: Not Applicable Item 4. Ownership. The following sets forth certain information as of December 31, 2009, with respect to the beneficial ownership of the Common Stock by the Reporting Person. (a) Amount beneficially owned: 3,785,262 (1) (b) Percent of class: 5.2% (2) (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 3,785,262 (1) (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 3,785,262 (iv) Shared power to dispose or to direct the disposition of: 0 (1) Includes (i) 3,302,961 shares owned by Mr. Werner directly, (ii) 633 shares owned by the Gregory L. Werner Children's Trust, (iii) 30,000 shares of restricted stock granted to Mr. Werner subject to certain service-based vesting provisions, and (iv) 451,668 shares underlying stock options which are exercisable within 60 days of the reporting date. Mr. Werner does not have any voting or dispositive power with respect to his 30,000 shares of restricted stock until such stock fully vests. CUSIP No. 950755108 Page 4 of 4 (2) The percentage of the Common Stock beneficially owned is based on 72,378,180 shares, which includes 71,896,512 shares of Common Stock outstanding as of December 31, 2009, 451,668 shares underlying stock options which are exercisable within 60 days of the reporting date, and 30,000 shares of unvested restricted stock. 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 [ ]. 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 or Control Person. Not Applicable 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. February 16, 2010 ----------------------------- Date /s/ Gregory L. Werner ----------------------------- Signature Gregory L. Werner, President and Chief Executive Officer ----------------------------- Name and Title