X0202 4 2004-09-01 0 0000928658 COVENANT TRANSPORT INC CVTI 0001220028 CLUTTER MARK 400 BIRMINGHAM HIGHWAY CHATTANOOGA TN 37419 0 1 0 0 Sr. Vice President-Operations Class A Common Stock 2004-09-01 4 M 0 1334 15.39 A 1334 D Class A Common Stock 2004-09-01 4 S 0 1334 20.00 D 0 D Employee Stock Option (Right to Buy) Class A Common Stock 15.39 2004-09-01 4 M 0 1334 D 2012-05-16 Class A Common Stock 1334 666 D The option to purchase 2,000 shares of Class A Common Stock was granted on May 16, 2002, and became exercisable with respect to one-third on each of May 16, 2003, and May 16, 2004, and will become exercisable with respect to the remaining one-third on May 16, 2005. Incentive stock options expire on May 16, 2012. The option to purchase stock options is subject to earlier termination in the event of termination of the reporting person's employment with the issuer. Termination provisions are set forth in the stock option agreement between the reporting person and the issuer and in the issuer's Incentive Stock Plan (Amended and Restated as of May 17, 2001). Upon exercise, the derivative security converts on a one-to-one basis into Class A Common Stock. The exercise price of the derivative security is set forth in Column 2 of Table II of this report. /s/ Mark Clutter, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC 2004-09-03