X0202 4 2006-02-28 0 0000865941 CELADON GROUP INC CLDN 0001255820 MILLER MICHAEL 35 EAST 85TH STREET NEW YORK NY 10028 1 0 0 0 Common Stock 2006-02-28 4 M 0 16500 2.07 A 33750 D Common Stock 2006-02-28 4 S 0 2500 24.4 D 31250 D Common Stock 2006-02-28 4 S 0 2000 24.3 D 29250 D Common Stock 2006-02-28 4 S 0 2000 24.33 D 27250 D Common Stock 2006-03-01 4 S 0 2500 24.31 D 24750 D Common Stock 2006-03-01 4 S 0 2500 24.32 D 22250 D Common Stock 2006-03-01 4 S 0 2500 24.33 D 19750 D Common Stock 2006-03-01 4 S 0 2500 24.35 D 17250 D Non-Employee Director Stock Option (Right-to-Buy) 2.07 2006-02-28 4 M 0 16500 D 2001-10-13 2011-04-13 Common Stock 16500 0 D Adjusted to give effect to a three-for-two stock split to which all holders of record on February 1, 2006 of the issuer were entitled. Upon exercise, the derivative security converts on a one-for-one basis into the issuer's Common Stock. /s/ Michael Miller, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC 2006-03-02