COVENANT LOGISTICS GROUP, INC. — Director's Dealing 2010

Feb 19, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COVENANT TRANSPORTATION GROUP INC (CVTI)
CIK: 0000928658
Period of Report: 2010-02-17

Reporting Person: CRIBBS RICHARD B (SENIOR VP AND CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-17	Class A Common Stock	I	1610	$3.98	Acquired	7673	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	40608	Direct

Footnotes

F1: The price and share reflect the intra-plan transfer of approximately $6,405 into the employer stock fund under the issuer's 401(k) plan, divided by the closing price on the date of the transaction. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.

F2: The number of shares beneficially owned following the reported transaction is equal to the reporting person's February 17, 2010, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on February 17, 2010. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.

F3: Represents (i) 37,847 shares owned by the reporting person, and (ii) 2,761 restricted shares of the issuer's Class A common stock granted January 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).