COVENANT LOGISTICS GROUP, INC. — Director's Dealing 2013

Apr 1, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COVENANT TRANSPORTATION GROUP INC (CVTI)
CIK: 0000928658
Period of Report: 2013-03-28

Reporting Person: Scholl Clay (VP of Subsidiary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-28	Class A Common Stock	F	1163	$6.04	Disposed	30474	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	8568	Indirect

Footnotes

F1: Represents shares surrendered to the issuer to satisfy tax withholding obligations in connection with 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 March 26, 2013 account balance in the employer stock fund under the issuer's 401(k) plan divided by the closing price on March 26, 2013. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.