X0306 4 2013-05-01 0 0000865941 CELADON GROUP INC CGI 0001023971 RUSSELL STEPHEN ONE CELADON DRIVE 9503 EAST 33RD STREET INDIANAPOLIS IN 46235 1 0 0 1 Chairman of the Board Common stock 2013-05-01 4 G 0 1000 0 D 587581 D Common stock 2013-08-01 4 G 0 1800 0 D 585781 D Common Stock 2013-08-08 4 G 0 3000 0 D 582781 D Common Stock 2013-09-19 4 G 0 16200 0 D 566581 D Common Stock 2013-11-12 4 G 0 12500 0 D 554081 D Common Stock 2013-11-21 4 G 0 7750 0 D 546331 D Common Stock 2013-11-25 4 G 0 4750 0 D 541581 D Common Stock 2013-12-10 4 G 0 500 0 D 541081 D Common Stock 2013-12-12 4 G 0 2000 0 D 539081 D Common Stock 2013-12-17 4 G 0 1500 0 D 537581 D Common Stock 2013-12-18 4 G 0 600 0 D 536981 D Common Stock 2013-12-20 4 G 0 500 0 D 536481 D Common Stock 2013-12-24 4 G 0 1400 0 D 535081 D Common Stock 2014-12-28 4 G 0 21300 0 D 513781 D Common Stock 2014-03-11 4 G 0 2000 0 D 511781 D Common Stock 2014-03-20 4 G 0 1000 0 D 510781 D Common Stock 2014-03-26 4 G 0 1600 0 D 509181 D Common Stock 2014-04-14 4 G 0 250 0 D 508931 D Common Stock 2014-07-16 5 G 0 600 0 D 508331 D Common Stock 2014-08-12 5 G 0 500 0 D 507831 D Common Stock 2014-10-07 5 G 0 500 0 D 507331 D Common Stock 2014-11-19 5 G 0 500 0 D 506831 D Common Stock 2014-12-05 5 G 0 5500 0 D 501331 D Common Stock 2015-03-03 4 M 0 83500 12.81 A 584831 D Common Stock 2015-03-03 4 M 0 94000 9.86 A 678831 D Common Stock 2015-03-03 4 M 0 48350 8.67 A 727181 D Common Stock 2015-03-03 4 S 0 55040 25.22 D 672141 D Common Stock 2015-03-03 4 S 0 3468 24.34 D 668673 D Common Stock 2015-03-04 4 S 0 167342 25.01 D 501331 D Common Stock 25470 I By spouse Employee Stock Option (Right to Buy) 12.81 2015-03-03 4 M 0 83500 0 D 2010-01-12 2016-01-12 Common Stock 83500 0 D Employee Stock Option (Right to Buy) 9.86 2015-03-03 4 M 0 94000 0 D 2012-12-06 2020-01-26 Common Stock 94000 0 D Employee Stock Option (Right to Buy) 8.67 2015-03-03 4 M 0 48350 0 D 2011-10-26 2017-10-26 Common Stock 48350 104934 D Price reflects a weighted average sale price for multiple transactions ranging from $25.10 to $25.50 per share, inclusive. This reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares sold at each separate price. Price reflects a weighted average sale price for multiple transactions ranging from $25.00 to $25.10 per share, inclusive. This reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares sold at each separate price. The total amount of securities owned by the reporting person's spouse reflects 1,530 shares fewer than previously reported. While conducting a review of ownership records, it was determined that a discrepancy existed in ownership records of the reporting person's spouse. The reduction of these shares corrects this discrepancy. The reporting person has been unable to confirm when the discrepancy arose. 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. On December 6, 2012, the Compensation Committee of the Board of Directors of the issuer voted to accelerate the vesting of all the reporting person's outstanding unvested stock options. /s/ Stephen Russell, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC 2015-03-06