Lynn Doster - 28 Feb 2024 Form 4 Insider Report for COVENANT LOGISTICS GROUP, INC. (CVLG)

Role: EVP - Dedicated & Warehousing
Signature: /s/ Lynn Doster, by Heidi Hornung-Scherr, attorney-in fact pursuant to a POA previously filed with the SEC
Issuer symbol: CVLG
Transactions as of: 28 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 01 Mar 2024, 16:20:15 UTC
Previous filing: 16 Feb 2024
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CVLG	Employee Stock Option (Right to Buy)	Award	$0	+45,072		$0.000000	45,072	28 Feb 2024	Class A Common Stock	45,072	$15.77	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On November 11, 2020, the reporting person was granted an option to purchase 45,072 shares of Class A common stock, subject to vesting based on the issuer's satisfaction of certain performance criteria for the year ended and the three-year period ended December 31, 2023. On February 28, 2024, the Compensation Committee of the issuer certified that the performance criteria were met.