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COVENANT LOGISTICS GROUP, INC. Director's Dealing 2010

Aug 30, 2010

32762_dirs_2010-08-30_b07b23c7-0485-4442-9a9c-089a07ea4026.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COVENANT TRANSPORTATION GROUP INC (CVTI)
CIK: 0000928658
Period of Report: 2010-08-26

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-08-26 Class A Common Stock I 406 $6.87 Acquired 7931 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 34673 Direct

Footnotes

F1: The price and share reflect the intra-plan transfer of approximately $2,787 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 August 26, 2010, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on August 26, 2010. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.