SEC Form 4 · accession 0001140361-15-023540
COVENANT LOGISTICS GROUP, INC. · CVLG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
David Ray Parker
Officer — CHAIRMAN, PRESIDENT AND CEO · Director · 10% Owner
Jacqueline F Parker
10% Owner
Period of report
Jun 4, 2015
Accepted (ET)
Jun 8, 2015 · 6:12 pm EDT
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 | Jun 4, 2015 | J | 100,000 | $0.00 | D | 0 | I | Fn |
| Class A Common Stock | holding | — | — | — | 121,577 | D | ||
| Class A Common StockF2 | holding | — | — | — | 3,238,477 | D | ||
| Class A Common StockF3 | holding | — | — | — | 27,481 | 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 disposition of all shares of the issuer's Class A Common Stock held by the Parker Family Limited Partnership to the adult children of the reporting persons, the sole beneficiaries of such limited partnership.
- F2Shares owned jointly by Mr. Parker and his wife, Jacqueline F. Parker, as joint tenants with rights of survivorship.
- F3The number of shares beneficially owned following the reported transaction is equal to the reporting person's June 4, 2015, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on June 4, 2015. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.