Filing Details

Accession Number:
0001140361-18-014083
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-03-19 17:15:22
Reporting Period:
2018-03-15
Accepted Time:
2018-03-19 17:15:22
SEC Url:
Form 4 Filing
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 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 Disposition 2018-03-15 51,652 $30.00 2,845,938 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 104,166 Direct
Class A Common Stock 26,349 Indirect 401(k)
Class B Common Stock 2,350,000 Direct
Footnotes
  1. The shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan by the reporting persons.
  2. The price reflects a weighted average sale price for multiple transactions ranging from $30.00 to $30.20, inclusive. The reporting persons undertake 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.
  3. Shares owned jointly by Mr. Parker and his wife, Jacqueline F. Parker, as joint tenants with rights of survivorship.
  4. The number of shares beneficially owned following the reported transaction is equal to Mr. Parker's March 15, 2018, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on March 15, 2018. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.