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COVENANT LOGISTICS GROUP, INC. Director's Dealing 2010

Feb 10, 2010

32762_dirs_2010-02-10_ef3d00db-e88e-4a01-928f-bf601260fff9.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: 2010-02-08

Reporting Person: HOGAN JOEY B (SR EX VP & COO/PRES OF SUB.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-02-08 Class A Common Stock I 15308 $3.17 Acquired 51732 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 75330 Direct
Class A Common Stock 3400 Direct

Footnotes

F1: The price and share reflect the intra-plan transfer of $48,526 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 8, 2010, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on February 8, 2010. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.

F3: Shares are owned jointly by Mr. Hogan and his wife, Melinda J. Hogan, as joint tenants.