X0303 4 2010-01-12 0 0000928658 COVENANT TRANSPORTATION GROUP INC CVTI 0001363556 CRIBBS RICHARD B 400 BIRMINGHAM HIGHWAY CHATTTANOOGA TN 37419 0 1 0 0 SENIOR VP AND CFO Class A Common Stock 2010-01-12 4 A 0 0 0 A 0 D Class A Common Stock 37847 D Class A Common Stock 6374 I 401(k) 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. The reporting person acquired an amount equal to approximately $8,750, 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. 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 $8,750, 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. The number of shares beneficially owned following the reported transaction is equal to the reporting person's January 13, 2010, account balance in the employer stock fund under the issuer's 401(k) plan divided by the closing price on January 13, 2010. The plan is unitized and as such does not itself allocate a specific number of shares to each participant. /s/ Richard B. Cribbs, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC 2010-01-14