COVENANT LOGISTICS GROUP, INC. — Director's Dealing 2011

Aug 29, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COVENANT TRANSPORTATION GROUP INC (CVTI)
CIK: 0000928658
Period of Report: 2011-08-25

Reporting Person: LOVIN RALPH H JR (Executive VP and Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-25	Class A Common Stock	J	1200	$3.9814	Acquired	1200	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	58939	Direct
Class A Common Stock	11071	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.9789 to $3.99. The reporting person undertakes to provide to Covenant Transportation Group, Inc., any security holder of Covenant Transportation Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2: The shares are held as custodian for minor grandchild. The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F3: The number of shares beneficially owned following the reported transaction is equal to the reporting person's August 25, 2011 account balance in the employer stock fund under the issuer's 401(k) plan divided by the closing price on August 25, 2011. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.