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

Aug 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COVENANT TRANSPORTATION GROUP INC (CVTI)
CIK: 0000928658
Period of Report: 2011-08-01

Reporting Person: BUNN PAUL (Corporate Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-01	Class A Common Stock	I	2048	$5.86	Acquired	4649	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	9213	Direct

Footnotes

F1: The price and share reflect the intra-plan transfer of $12,000 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 1, 2011 account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on August 1, 2011. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.