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COVENANT LOGISTICS GROUP, INC. Director's Dealing 2021

Mar 9, 2021

32762_dirs_2021-03-09_0bdf1ca6-a95f-4807-878e-0507adaa40bb.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COVENANT LOGISTICS GROUP, INC. (CVLG)
CIK: 0000928658
Period of Report: 2021-03-05

Reporting Person: Hough Samuel F (EVP - Expedited Ops.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-03-05 Class A Common Stock F 1583 $19.66 Disposed 71979 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 15352 Indirect

Footnotes

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

F2: The number of shares beneficially owned following the reported transaction is equal to the Reporting Person's March 5, 2021, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on March 5, 2021. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.