X0306 4 2015-05-04 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 2015-04-17 5 G 0 30000 0 D 471331 D Common Stock 2015-05-04 4 S 0 14815 25.56 D 456516 D Common Stock 2015-05-05 4 S 0 29740 24.80 D 426776 D Common Stock 2015-05-06 4 S 0 41982 24.28 D 384794 D Common Stock 25470 I By spouse Price reflects a weighted average sale price for multiple transactions ranging from $25.55 to $25.59 per share, inclusive. The 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 $24.65 to $25.60 per share, inclusive. The 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 $24.09 to $24.75 per share, inclusive. The 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 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. /s/ Stephen Russell, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC 2015-05-06