PARE MARK 4
4 · COVENANT TRANSPORTATION GROUP INC · Filed Jan 14, 2010
Insider Transaction Report
Form 4
PARE MARK
SENIOR VP OF SALES OF SUB
Transactions
- Award
Class A Common Stock
2010-01-12+0→ 0 total
Holdings
- 8,600
Class A Common Stock
Footnotes (3)
- [F1]Represents a restricted stock award under the 2006 Omnibus Incentive Plan, as such plan may be amended from time to time. The shares subject to the award vest in approximately one-third increments when and to the extent the issuer's Class A common stock trades at or above $7.00, $9.00, and $11.00 for twenty consecutive trading days during the period beginning January 1, 2011, and ending on December 31, 2015, subject to continued employment and the specific terms of the award notice.
- [F2]The reporting person acquired an amount equal to approximately $13,125, to be converted to shares based upon the closing price of the issuer's Class A common stock on the date the blackout period lifts following release of the issuer's first quarter 2010 earnings.
- [F3]Aggregate amount of securities beneficially owned following the reported transaction does not include the amount of securities that will be acquired upon the conversion to shares of approximately $13,125, based upon the closing price of the issuer's Class A common stock on the date the blackout period lifts following release of the issuer's first quarter 2010 earnings.