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COVENANT LOGISTICS GROUP, INC. — Director's Dealing 2014
Apr 8, 2014
32762_dirs_2014-04-08_a5d734fc-90d9-47ee-8071-410dc70a22ce.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: 2014-02-17
Reporting Person: CRIBBS RICHARD B (SENIOR VP AND CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-17 | Class A Common Stock | D | 2914 | — | Disposed | 63629 | Direct |
| 2014-02-17 | Class A Common Stock | D | 1865 | — | Disposed | 61764 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 7683 | Indirect |
Footnotes
F1: Represents the forfeiture of restricted stock originally granted under the 2006 Omnibus Incentive Plan on November 4, 2010, due to the issuer not achieving the established performance targets, as certified by the issuer's Compensation Committee on the transaction date.
F2: Represents the forfeiture of restricted stock originally granted under the 2006 Omnibus Incentive Plan on May 17, 2011, due to the issuer not achieving the established performance targets, as certified by the issuer's Compensation Committee on the transaction date.
F3: The number of shares beneficially owned following the reported transaction is equal to the reporting person's April 7, 2014, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on April 7, 2014. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.