COVENANT LOGISTICS GROUP, INC. — Director's Dealing 2020

Nov 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COVENANT LOGISTICS GROUP, INC. (CVLG)
CIK: 0000928658
Period of Report: 2020-11-03

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
2020-11-03	Class A Common Stock	I	14467	$16.46	Acquired	40457	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	2220871	Direct
Class A Common Stock	110204	Direct
Class B Common Stock	2350000	Direct

Footnotes

F1: The price and share reflect the intra-plan transfer of $238,131.82 into the employer stock fund under the issuer's 401(k) plan, divided by the closing price on the date of the transaction. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.

F2: The number of shares beneficially owned following the reported transaction is equal to the Mr. Parker's November 3, 2020, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on November 3, 2020. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.

F3: Shares owned jointly by Mr. Parker and his wife, Jacqueline F. Parker, as joint tenants with rights of survivorship.