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COVENANT LOGISTICS GROUP, INC. — Director's Dealing 2022
Jan 4, 2022
32762_dirs_2022-01-04_b1d29438-e8b0-4f24-a882-412e4b11818f.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: 2021-12-31
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 |
|---|---|---|---|---|---|---|---|
| 2021-12-31 | Class A Common Stock | F | 909 | $26.43 | Disposed | 177423 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 1220871 | Direct |
| Class A Common Stock | 39006 | 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 the Reporting Person.
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 the Reporting Person's December 31, 2021 account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on December 31, 2021. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.