Home > Insider Trading > Filing (0001140361-15-006085)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
928658	Covenant Transportation Group Inc	CVTI	Trucking (No Local) (4213)	880320154

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1220829	Ray David Parker	400 Birmingham Highway Chattanooga TN 37419	Chairman, President And Ceo	Yes	Yes	Yes	No
1271324	F Jacqueline Parker	400 Birmingham Highway Chattanooga TN 37419		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2015-02-10	5,690	$21.43	143,742	No	4	M	Direct
Class A Common Stock	Disposition	2015-02-10	5,690	$27.50	138,052	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Employee Stock Option (Right-to-Buy) Class A Common Stock	Disposition	2015-02-10	5,690	$0.00	5,690	$21.43

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2005-02-16	2015-02-16	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	3,238,477	Direct
Class A Common Stock	100,000	Indirect	Fn
Class A Common Stock	27,543	Indirect	401(k)
Class B Common Stock	2,350,000	Direct

Footnotes

Represents exercise of employee stock option scheduled to expire on February 16, 2015, which avoided forfeiture by the reporting person of such option on such date.
Price reflects a weighted average sale price for multiple transactions ranging from $27.30 to $27.75 per share, inclusive. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares sold at each separate price.
Shares owned jointly by Mr. Parker and his wife, Jacqueline F. Parker, as joint tenants with rights of survivorship.
Shares are owned by the Parker Family Limited Partnership, of which Mr. and Mrs. Parker are the general partners.
The number of shares beneficially owned following the reported transaction is equal to the reporting person's February 2, 2015, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on February 2, 2015. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.