SEC Form 4 · accession 0001140361-17-028131
COVENANT LOGISTICS GROUP, INC. · CVLG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
David Ray Parker
Officer — CHAIRMAN AND CEO · Director · 10% Owner
Jacqueline F Parker
10% Owner
Period of report
Jul 14, 2017
Accepted (ET)
Jul 18, 2017 · 5:34 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 | Jul 14, 2017 | A | 83,520 | $0.00 | A | 218,041 | D | |
| Class A Common StockF2 | holding | — | — | — | 3,238,477 | D | ||
| Class A Common StockF3 | holding | — | — | — | 27,194 | 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 restricted stock awards under the Third Amended and Restated 2006 Omnibus Incentive Plan. The awards are subject to certain vesting, forfeiture, and termination provisions.
- 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 July 14, 2017, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on July 14, 2017. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.