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

Aug 19, 2010

SEC Form 4/A — Form 4/A

Issuer: COVENANT TRANSPORTATION GROUP INC (CVTI)
CIK: 0000928658
Period of Report: 2009-06-30

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-06-30	Class A Common Stock	F	1842	$5.50	Disposed	38766	Direct
2010-04-05	Class A Common Stock	F	470	$6.34	Disposed	38296	Direct
2010-05-06	Class A Common Stock	D	1500	$0.00	Disposed	36796	Direct
2010-05-07	Class A Common Stock	F	469	$7.44	Disposed	36327	Direct
2010-06-30	Class A Common Stock	F	1654	$6.76	Disposed	34673	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	7450	Indirect

Footnotes

F1: Represents shares surrendered to the issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock granted to the reporting person, but inadvertently not reported. Subsequent filings on Forms 4 did not reflect this forfeiture in Table 1, Item 5.

F2: This amendment is being filed to correct the disclosure regarding the reporting person's restricted stock award that was previously granted on January 12, 2010, and reported on January 14, 2010. The aggregate amount granted in the January 12, 2010, transaction 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.

F3: Represents the forfeiture of restricted stock originally granted under the 2006 Omnibus Incentive Plan on May 23, 2006, due to the issuer not achieving the established performance targets, as certified by the issuer's compensation committee on the transaction date, but inadvertently not reported.

F4: The number of shares beneficially owned following the reported transactions is equal to the reporting person's August 17, 2010, account balance in the employer stock fund under the issuer's 401(k) plan divided by the closing price on August 17, 2010. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.