SEC Form 4 · accession 0001140361-15-010581
COVENANT LOGISTICS GROUP, INC. · CVLG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owners
David Ray Parker
Officer — CHAIRMAN, PRESIDENT AND CEO · Director · 10% Owner
Jacqueline F Parker
10% Owner
Period of report
Mar 3, 2015
Accepted (ET)
Mar 5, 2015 · 7:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000928658
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Mar 3, 2015 | F | 6,475 | $30.79 | D | 131,577 | D | |
| Class A Common StockF2 | holding | — | — | — | 3,238,477 | D | ||
| Class A Common StockF3 | holding | — | — | — | 100,000 | I | Fn | |
| Class A Common StockF4 | holding | — | — | — | 27,472 | I | 401(k) | |
| Class B Common StockF2 | holding | — | — | — | 2,350,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of shares deemed withheld to satisfy tax withholding obligations upon vesting of restricted stock granted to the reporting person.
- F2Shares owned jointly by Mr. Parker and his wife, Jacqueline F. Parker, as joint tenants with rights of survivorship.
- F3Shares are owned by the Parker Family Limited Partnership, of which Mr. and Mrs. Parker are the general partners.
- F4The number of shares beneficially owned following the reported transaction is equal to the reporting person's March 3, 2015, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on March 3, 2015. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.