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

Aug 20, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COVENANT LOGISTICS GROUP, INC. (CVLG)
CIK: 0000928658
Period of Report: 2020-08-18

Reporting Person: HOGAN JOEY B (CO-PRES. & CHIEF ADMIN. OFF.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-18	Class A Common Stock	D	1631	$0.00	Disposed	107334	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	48887	Direct
Class A Common Stock	30810	Indirect

Footnotes

F1: Represents the forfeiture of restricted stock originally granted under the Third Amended and Restated 2006 Omnibus Incentive Plan, as amended, due to the issuer not achieving the established performance targets, as certified by the issuer's compensation committee on the transaction date.

F2: Shares owned jointly by Mr. Hogan and his wife, Melinda J. Hogan, as joint tenants.

F3: The number of shares beneficially owned following the reported transaction is equal to the reporting person's August 17, 2020 account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on August 17, 2020. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.