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

Jan 4, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COVENANT TRANSPORTATION GROUP INC (CVTI)
CIK: 0000928658
Period of Report: 2016-12-31

Reporting Person: BUNN PAUL (CAO & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-31	Class A Common Stock	F	600	$19.34	Disposed	21594	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	2515	Indirect
Class A Common Stock	14248	Indirect

Footnotes

F1: Represents the number of shares deemed withheld to satisfy tax withholding obligations upon 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 December 29, 2016, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on December 29, 2016. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.