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COVENANT LOGISTICS GROUP, INC. — Director's Dealing 2011
Mar 4, 2011
32762_dirs_2011-03-03_b747ee5a-a6ad-4646-87e1-0166faddeb13.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: 2011-02-07
Reporting Person: PARE MARK (Sr. VP of Sales of Subsidiary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-07 | Class A Common Stock | F | 424 | $8.97 | Disposed | 16721 | Direct |
| 2011-03-01 | Class A Common Stock | F | 727 | $8.92 | Disposed | 15994 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 544 | 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.
F2: The number of shares beneficially owned following the reported transaction is equal to the reporting person's February 28, 2011 account balance in the employer stock fund under the issuer's 401(k) plan divided by the closing price on February 28, 2011. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.