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COVENANT LOGISTICS GROUP, INC. — Director's Dealing 2015
Mar 17, 2015
32762_dirs_2015-03-17_eb1e54d8-9f57-4fe2-b180-655d9752adfb.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: COVENANT TRANSPORTATION GROUP INC (CVTI)
CIK: 0000928658
Period of Report: 2015-03-03
Reporting Person: PARKER DAVID RAY (Director, CHAIRMAN, PRESIDENT AND CEO, 10% Owner)
Reporting Person: PARKER JACQUELINE F (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-03 | Class A Common Stock | D | 20000 | — | Disposed | 111577 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 3238477 | Direct |
| Class A Common Stock | 100000 | Indirect |
| Class A Common Stock | 27299 | Indirect |
| Class B Common Stock | 2350000 | Direct |
Footnotes
F1: Represents the forfeiture of restricted stock originally granted under the 2006 Omnibus Incentive Plan on November 15, 2012, due to the issuer not achieving the established performance targets, as certified by the issuer's compensation committee on the transaction date. Forfeiture was omitted from original March 5, 2015, filing.
F2: Shares owned jointly by Mr. Parker and his wife, Jacqueline F. Parker, as joint tenants with rights of survivorship.
F3: Shares are owned by the Parker Family Limited Partnership, of which Mr. and Mrs. Parker are the general partners.
F4: The number of shares beneficially owned following the reported transaction is equal to the reporting person's March 16, 2015, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on March 16, 2015. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.