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COVENANT LOGISTICS GROUP, INC. Director's Dealing 2010

Aug 19, 2010

32762_dirs_2010-08-19_633de94f-87e6-459b-bb96-4acb9df8d4c8.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: COVENANT TRANSPORTATION GROUP INC (CVTI)
CIK: 0000928658
Period of Report: 2010-07-01

Reporting Person: WALKUP CHRISTOPHER (SENIOR VP OF OPERATIONS OF SUB)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-07-01 Class A Common Stock F 648 $7.28 Disposed 10713 Direct

Footnotes

F1: Represents shares surrendered to the issuer to satisfy tax withholding obligations in connnection with the vesting of restricted stock granted to the reporting person, but inadvertently not reported.

F2: Represents (i) 8,600 shares previously reported as owned by the reporting person, (ii) the surrender of shares disclosed in footnote (1) above, and (iii) the addition of 2,761 restricted shares of the issuer's Class A common stock granted Janary 12, 2010, pursuant to a transaction previously reported by the reporting person (although the aggregate amount granted in the January 12, 2010, transaction was determined following the reporting deadline for the transaction as it was based upon the closing price of the issuer's Class A common stock two full trading days following the public release of the issuer's year end 2009 earnings). The reporting person previously reported that the share number was determined using the closing price two full trading days following public release of the issuer's first quarter 2010 earnings, when it should have been year end 2009 earnings.