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COVENANT LOGISTICS GROUP, INC. Director's Dealing 2015

May 1, 2015

32762_dirs_2015-04-30_ab88e26f-7bb1-4e7a-9c8f-66a50266b680.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: 2015-04-28

Reporting Person: BOSWORTH ROBERT E (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-04-28 Class A Common Stock M 2500 $13.64 Acquired 67391 Direct
2015-04-28 Class A Common Stock S 1031 $33.19 Disposed 66360 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-04-28 Outside Director Option (Right-to-Buy) Class A Common Stock $13.64 M 2500 Disposed 2015-05-10 Class A Common Stock (2500) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 20168 Indirect

Footnotes

F1: Represents exercise of outside director stock option scheduled to expire on May 10, 2015, which avoided forfeiture by the reporting person of such option on such date.

F2: Price reflects a weighted average sale price for multiple transactions. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares sold at each separate price.

F3: Shares indirectly owned through reporting person's IRA.