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COVENANT LOGISTICS GROUP, INC. Director's Dealing 2018

Aug 31, 2018

32762_dirs_2018-08-31_866fde67-8505-4600-a5b3-d0758b3ef69f.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: 2018-08-29

Reporting Person: HOGAN JOEY B (PRESIDENT)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-08-29 Class A Common Stock S 7300 $30.007 Disposed 43942 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 98999 Direct
Class A Common Stock 29301 Indirect

Footnotes

F1: The shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan by the reporting person.

F2: The price reflects a weighted average sale price for multiple transactions ranging from $30.00 to $30.055, 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.

F3: Shares are owned jointly by Mr. Hogan and his wife, Melinda J. Hogan, as joint tenants.

F4: The number of shares beneficially owned following the reported transaction is equal to the reporting person's August 28, 2018, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on August 28, 2018. The plan is unitized and as such does not itself allocate a specific number of shares of each participant.