COVENANT LOGISTICS GROUP, INC. — Director's Dealing 2022

Feb 14, 2022

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: COVENANT LOGISTICS GROUP, INC. (CVLG)
CIK: 0000928658
Period of Report: 2021-12-31

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
2021-03-12	Class A Common Stock	G	17176	—	Acquired	194599	Direct
2021-04-14	Class A Common Stock	G	15343	—	Acquired	209942	Direct
2021-07-30	Class A Common Stock	G	39920	—	Acquired	249862	Direct
2021-10-11	Class A Common Stock	G	28092	—	Acquired	277954	Direct
2021-12-22	Class A Common Stock	G	33125	—	Acquired	311079	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	1220871	Direct
Class A Common Stock	39260	Indirect
Class B Common Stock	2350000	Direct

Footnotes

F1: Represents an annuity distribution made by a grantor retained annuity trust with an independent trustee to Mr. Parker.

F2: Shares owned jointly by Mr. and Mrs. 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 February 10, 2022 account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on February 10, 2022. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.