COVENANT TRANSPORTATION GROUP INC 4
4 · COVENANT TRANSPORTATION GROUP INC · Filed Mar 16, 2017
Insider Transaction Report
Form 4
LOVIN RALPH H JR
EXECUTIVE VP ADMIN AND SEC.
Transactions
- Tax Payment
Class A Common Stock
2017-03-14$18.63/sh−504$9,390→ 43,309 total
Holdings
- 2,325(indirect: By Children)
Class A Common Stock
- 3,758(indirect: By 401(k))
Class A Common Stock
Footnotes (3)
- [F1]Represents the number of shares deemed withheld to satisfy tax withholding obligations upon vesting of restricted stock granted to the reporting person.
- [F2]The number of shares beneficially owned following the reported transaction is equal to the reporting person's March 14, 2017, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on March 14, 2017. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.
- [F3]The shares are held as custodian for minor grandchildren. The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.