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COVENANT LOGISTICS GROUP, INC. — Director's Dealing 2021
Mar 9, 2021
32762_dirs_2021-03-09_ce206c69-4719-4582-b674-7c01794961db.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: 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 |
|---|---|---|---|---|---|---|---|
| 2021-03-05 | Class A Common Stock | F | 6926 | $19.66 | Disposed | 178332 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 1220871 | Direct |
| Class A Common Stock | 40101 | 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. and Ms. 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 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.