Joey B. Hogan - May 17, 2023 Form 4 Insider Report for COVENANT LOGISTICS GROUP, INC. (CVLG)

Role
Executive Vice President, Director
Signature
/s/ Joey B. Hogan, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC
Stock symbol
CVLG
Transactions as of
May 17, 2023
Transactions value $
$0
Form type
4
Date filed
5/19/2023, 11:00 AM
Previous filing
May 8, 2023
Next filing
May 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLG Class A Common Stock Award $0 +2.45K +3.15% $0.00 80.3K May 17, 2023 Direct F1, F2
holding CVLG Class A Common Stock 68.5K May 17, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Share award represents annual equity compensation in the form of a grant of restricted stock equal to $95,000, divided by the closing price on the date of the Company's 2023 annual meeting of stockholders. The award was made under the Third Amended and Restated 2006 Omnibus Incentive Plan, as amended, and is scheduled to vest on May 17, 2024, subject to certain vesting, forfeiture, and termination provisions.
F2 Share amounts updated to reflect change in form of beneficial ownership between directly owned shares held solely by the Reporting Person and shares held jointly with his wife as joint tenants.
F3 Shares owned jointly by Mr. Hogan and his wife, Melinda J. Hogan, as joint tenants.