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

Role
EVP, People and Safety
Signature
/s/ Joey Ballard, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC
Stock symbol
CVLG
Transactions as of
Feb 28, 2024
Transactions value $
$0
Form type
4
Date filed
3/1/2024, 04:21 PM
Previous filing
Jan 3, 2024
Next filing
Jun 25, 2024

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 +45.1K $0.00 45.1K Feb 28, 2024 Class A Common Stock 45.1K $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.