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COVENANT LOGISTICS GROUP, INC. Director's Dealing 2022

May 19, 2022

32762_dirs_2022-05-19_ebd679b7-7d9d-4398-acad-d2771b7124b3.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: 2022-05-17

Reporting Person: BUNN PAUL (Senior EVP and COO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-05-17 Class A Common Stock A 18042 Acquired 85235 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 2515 Indirect
Class A Common Stock 21415 Indirect

Footnotes

F1: Represents a restricted stock award under the Third Amended and Restated 2006 Omnibus Incentive Plan. The award is subject to certain vesting, forfeiture, and termination provisions.

F2: The number of shares beneficially owned following the reported transaction is equal to the Reporting Person's May 18, 2022 account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on May 18, 2022. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.