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COVENANT LOGISTICS GROUP, INC. — Director's Dealing 2024
Mar 1, 2024
32762_dirs_2024-03-01_f6ce27fe-37b3-4220-8d3b-54f4f3640586.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: 2024-02-28
Reporting Person: BUNN PAUL (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-28 | Employee Stock Option (Right to Buy) | $15.77 | A | 135216 | Acquired | 2030-11-11 | Class A Common Stock (135216) | Direct |
| 2024-02-28 | Employee Stock Option (Right to Buy) | $21.24 | A | 37500 | Acquired | 2031-04-06 | Class A Common Stock (37500) | Direct |
Footnotes
F1: On November 11, 2020, the reporting person was granted an option to purchase 135,216 shares of Class A common stock, subject to vesting based on the issuer's satisfaction of certain performance criteria for the year ended and the three-year period ended December 31, 2023. On February 28, 2024, the Compensation Committee of the issuer certified that the performance criteria were met.
F2: On April 6, 2021, the reporting person was granted an option to purchase 37,500 shares of Class A common stock, subject to vesting based on the issuer's satisfaction of certain performance criteria for the year ended and the three-year period ended December 31, 2023. On February 28, 2024, the Compensation Committee of the issuer certified that the performance criteria were met.