Initial Statement of Beneficial Ownership (3)
26 August 2021 - 2:57AM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Doster Lynn |
2. Date of Event Requiring Statement (MM/DD/YYYY)
8/18/2021
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3. Issuer Name and Ticker or Trading Symbol
COVENANT LOGISTICS GROUP, INC. [CVLG]
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(Last)
(First)
(Middle)
400 BIRMINGHAM HIGHWAY |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner ___X___ Officer (give title below) _____ Other (specify below) EVP - Dedicated Ops. / |
(Street)
CHATTANOOGA, TN 37419
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Class A Common Stock | 13760 (1) | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Employee Stock Option (Right to Buy) | (2) | 11/11/2030 | Class A Common Stock | 15024 | $15.77 | D | |
Explanation of Responses: |
(1) | Includes 8,033 shares of restricted stock subject to certain vesting, forfeiture, and termination provisions. |
(2) | The option becomes exercisable, if at all, if the closing price of the issuer's Class A Common Stock exceeds a certain price per share for at least 20 consecutive trading days before December 31, 2023, but in no event sooner than November 11, 2021. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Doster Lynn 400 BIRMINGHAM HIGHWAY CHATTANOOGA, TN 37419 |
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| EVP - Dedicated Ops. |
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Signatures
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/s/ Lynn Doster, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA filed herewith | | 8/25/2021 |
**Signature of Reporting Person | Date |
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