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COVENANT LOGISTICS GROUP, INC. Director's Dealing 2019

Mar 15, 2019

32762_dirs_2019-03-15_73903434-72df-4bff-bb88-cafa2531507f.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: 2019-03-13

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
2019-03-13 Class A Common Stock F 4126 $22.83 Disposed 112182 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 2580285 Direct
Class A Common Stock 26522 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 March 13, 2019, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on March 13, 2019. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.