COVENANT LOGISTICS GROUP, INC. — Director's Dealing 2012

May 8, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COVENANT TRANSPORTATION GROUP INC (CVTI)
CIK: 0000928658
Period of Report: 2012-05-04

Reporting Person: BUNN PAUL (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-04	Class A Common Stock	P	1000	$3.15	Acquired	12655	Direct
2012-05-07	Class A Common Stock	P	500	$3.10	Acquired	13155	Direct
2012-05-07	Class A Common Stock	P	500	$3.098	Acquired	2435	Indirect
2012-05-07	Class A Common Stock	P	90	$3.10	Acquired	2525	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	9231	Indirect

Footnotes

F1: The number of shares beneficially owned following the reported transaction is equal to the reporting person's May 7, 2012 account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on May 7, 2012. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.