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COVENANT LOGISTICS GROUP, INC. Director's Dealing 2018

Jan 3, 2018

32762_dirs_2018-01-03_f96f6b4b-2c03-47ce-b8c2-ff7ea0696d02.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: 2017-12-31

Reporting Person: PARKER DAVID RAY (Director, CHAIRMAN AND CEO, 10% Owner)
Reporting Person: PARKER JACQUELINE F (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-12-31 Class A Common Stock F 2150 $28.73 Disposed 108430 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 2923363 Direct
Class A Common Stock 26515 Indirect
Class B Common Stock 2350000 Direct

Footnotes

F1: Represents the number of shares deemed withheld to satisfy tax withholding obligations upon vesting of restricted stock granted to Mr. Parker.

F2: Shares owned jointly by Mr. Parker and his wife, Jacqueline F. Parker, as joint tenants with rights of survivorship.

F3: The number of shares beneficially owned following the reported transaction is equal to Mr. Parker's December 29, 2017, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on December 29, 2017. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.