David R. Parker - Dec 31, 2021 Form 5 Insider Report for COVENANT LOGISTICS GROUP, INC. (CVLG)

Role: Chairman and CEO, Director, 10%+ Owner
Signature: /s/ David R. Parker, 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 $: $0
Form type: 5
Date filed: 2/14/2022, 04:26 PM
Next filing: Feb 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CVLG	Class A Common Stock	Gift	$0	+17.2K	+9.68%	$0.00	195K	Mar 12, 2021	Direct	F1
transaction	CVLG	Class A Common Stock	Gift	$0	+15.3K	+7.88%	$0.00	210K	Apr 14, 2021	Direct	F1
transaction	CVLG	Class A Common Stock	Gift	$0	+39.9K	+19.01%	$0.00	250K	Jul 30, 2021	Direct	F1
transaction	CVLG	Class A Common Stock	Gift	$0	+28.1K	+11.24%	$0.00	278K	Oct 11, 2021	Direct	F1
transaction	CVLG	Class A Common Stock	Gift	$0	+33.1K	+11.92%	$0.00	311K	Dec 22, 2021	Direct	F1
holding	CVLG	Class A Common Stock						1.22M	Dec 31, 2021	Direct	F2
holding	CVLG	Class A Common Stock						39.3K	Dec 31, 2021	401(k)	F3
holding	CVLG	Class B Common Stock						2.35M	Dec 31, 2021	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents an annuity distribution made by a grantor retained annuity trust with an independent trustee to Mr. Parker.
F2	Shares owned jointly by Mr. and Mrs. Parker, as joint tenants with rights of survivorship.
F3	The number of shares beneficially owned following the reported transaction is equal to Mr. Parker's February 10, 2022 account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on February 10, 2022. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.