COVENANT LOGISTICS GROUP, INC. — Director's Dealing 2021

Jan 27, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COVENANT LOGISTICS GROUP, INC. (CVLG)
CIK: 0000928658
Period of Report: 2021-01-25

Reporting Person: TWEED JOHN A (Co-President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-25	Class A Common Stock	A	50000	—	Acquired	308175	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	37920	Indirect
Class A Common Stock	37574	Indirect

Footnotes

F1: Represents a restricted stock award under the Third Amended and Restated 2006 Omnibus Incentive Plan, as amended, that will vest on the earlier of January 25, 2022 or a change-in-control of the Issuer.

F2: The number of shares beneficially owned following the reported transaction is equal to the reporting person's January 22, 2021, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on January 22, 2021. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.