Home > Insider Trading > Filing (0001140361-15-011720)

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
1181042	Jr H Ralph Lovin	400 Birmingham Highway Chattanooga TN 37419	Executive Vp And Secretary	No	Yes	No	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	2015-03-11	7,500	$13.64	66,819	No	4	M	Direct
Class A Common Stock	Disposition	2015-03-13	5,944	$36.60	60,875	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	2015-03-11	7,500	$0.00	7,500	$13.64

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2005-05-10	2015-05-10	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	12,777	Indirect	401(k)
Class A Common Stock	3,025	Indirect	By grandchildren under custody agreement

Footnotes

Represents exercise of employee stock option scheduled to expire on May 10, 2015, which avoided forfeiture by the reporting person of such option on such date.
The number of shares beneficially owned following the reported transaction is equal to the reporting person's March 11, 2015, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on March 11, 2015. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.
The shares are held as custodian for minor grandchildren. The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.