HUGHES M. DAVID 4
4 · COVENANT TRANSPORTATION GROUP INC · Filed Mar 3, 2011
Insider Transaction Report
Form 4
HUGHES M. DAVID
Senior VP and Treasurer
Transactions
- Disposition to Issuer
Class A Common Stock
2011-03-01−3,000→ 37,596 total - Disposition to Issuer
Class A Common Stock
2011-03-01−3,333→ 34,263 total - Disposition to Issuer
Class A Common Stock
2011-03-01−13,334→ 40,596 total - Tax Payment
Class A Common Stock
2011-03-01$8.92/sh−1,323$11,801→ 32,940 total - Tax Payment
Class A Common Stock
2011-01-11$9.71/sh−908$8,817→ 54,213 total - Tax Payment
Class A Common Stock
2011-02-07$8.97/sh−283$2,539→ 53,930 total
Footnotes (3)
- [F1]Represents shares surrendered to the issuer to satisfy tax withholing obligations in connection with the vesting of restricted stock granted to the reporting person.
- [F2]Represents the forfeiture of restricted stock originally granted under the 2006 Omnibus Incentive Plan on September 21, 2006, due to the issuer not achieving the established performance targets, as certified by the issuer's compensation committee on the transaction date.
- [F3]Represents the forfeiture of restricted stock originally granted under the 2006 Omnibus Incentive Plan on May 22, 2007, due to the issuer not achieving the established performance targets, as certified by the issuer's compensation committee on the transaction date.