Lynn Doster - Aug 18, 2021 Form 3 Insider Report for COVENANT LOGISTICS GROUP, INC. (CVLG)

Signature
/s/ Lynn Doster, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA filed herewith
Stock symbol
CVLG
Transactions as of
Aug 18, 2021
Transactions value $
$0
Form type
3
Date filed
8/25/2021, 12:56 PM
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CVLG Class A Common Stock 13.8K Aug 18, 2021 Direct F1

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
holding CVLG Employee Stock Option (Right to Buy) Aug 18, 2021 Class A Common Stock 15K $15.77 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 8,033 shares of restricted stock subject to certain vesting, forfeiture, and termination provisions.
F2 The option becomes exercisable, if at all, if the closing price of the issuer's Class A Common Stock exceeds a certain price per share for at least 20 consecutive trading days before December 31, 2023, but in no event sooner than November 11, 2021.