Filing Details

Accession Number:
0001140361-18-014800
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-03-23 16:12:21
Reporting Period:
2018-03-21
Accepted Time:
2018-03-23 16:12:21
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
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 Disposition 2018-03-21 3,000 $33.00 34,532 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 3,631 Indirect 401(k)
Class A Common Stock 2,325 Indirect By grandchildren under custody agreement
Footnotes
  1. The shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan by the reporting person.
  2. The price reflects a weighted average sale price for multiple transactions ranging from $33.001 to $33.03, 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.
  3. The number of shares beneficially owned following the reported transaction is equal to the reporting person'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.
  4. 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.