Joey B. Hogan - Dec 31, 2021 Form 4 Insider Report for COVENANT LOGISTICS GROUP, INC. (CVLG)

Role
President
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
Dec 31, 2021
Transactions value $
-$58,727
Form type
4
Date filed
1/4/2022, 04:08 PM
Previous filing
Sep 9, 2021
Next filing
Apr 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLG Class A Common Stock Tax liability -$58.7K -2.22K -0.89% $26.43 249K Dec 31, 2021 Direct F1
holding CVLG Class A Common Stock 48.9K Dec 31, 2021 Direct F2
holding CVLG Class A Common Stock 54.9K Dec 31, 2021 401(k) F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares deemed withheld to satisfy tax withholding obligations upon vesting of restricted stock granted to the Reporting Person.
F2 Shares owned jointly by Mr. Hogan and his wife, Melinda J. Hogan, as joint tenants.
F3 The number of shares beneficially owned following the reported transaction is equal to the Reporting Person's December 31, 2021 account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on December 31, 2021. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.