COVENANT LOGISTICS GROUP, INC. — Director's Dealing 2017

Sep 9, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COVENANT TRANSPORTATION GROUP INC (CVTI)
CIK: 0000928658
Period of Report: 2017-08-15

Reporting Person: HOGAN JOEY B (PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-08-15	Class A Common Stock	G	3150	—	Disposed	60429	Direct
2017-09-07	Class A Common Stock	S	5000	$25.0275	Disposed	55429	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	92367	Direct
Class A Common Stock	29249	Indirect

Footnotes

F1: Share amount updated to reflect change in form of beneficial ownership between directly owned shares and shares held jointly with spouse as joint tenants.

F2: Shares are owned jointly by Mr. Hogan and his wife, Melinda J. Hogan, as joint tenants.

F3: The price reflects a weighted average sale price for multiple transactions ranging from $25.00 to $25.19 per share, inclusive. 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.

F4: The number of shares beneficially owned following the reported transaction is equal to the reporting person's September 6, 2017, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on September 6, 2017. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.