4//SEC Filing
COVENANT TRANSPORT INC 4
Accession 0001008886-05-000052
$CVLGCIK 0000928658operating
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 5:42 PM ET
Size
7.4 KB
Accession
0001008886-05-000052
Insider Transaction Report
Form 4
TOWE RICHARD L
Sr VP - Driver Services
Transactions
- Award
Employee Stock Option (Right-to-Buy) Class A Common Stock
2005-02-16+1,255→ 1,255 totalExercise: $21.43From: 2005-02-16Exp: 2015-02-16→ Class A Common Stock (1,255 underlying)
Holdings
- 275(indirect: By 401(k))
Class A Common Stock
Footnotes (3)
- [F1]The number of shares reported beneficially owned following the reported transaction is equal to the reporting person's February 16, 2005, account balance, the latest balance available under the plan, in the employer stock fund under the issuer's 401(k) Plan divided by the closing price on February 16, 2005. The fund is unitized and as such does not itself allocate a specific number of shares to each participant.
- [F2]The option to purchase is subject to earlier termination in the event of termination of the reporting person's employment with the issuer. Termination provisions are set forth in the stock option agreement between the reporting person and the issuer and in the issuer's 2003 Incentive Stock Plan.
- [F3]Upon exercise, the derivative security converts on a one-for-one basis into Class A Common Stock. The reporting person does not have to pay for the derivative security upon grant. The exercise price of the derivative security is set forth in Column 2 of Table II of this report.
Documents
Issuer
COVENANT TRANSPORT INC
CIK 0000928658
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0000928658
Filing Metadata
- Form type
- 4
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 5:42 PM ET
- Size
- 7.4 KB