X0303 4 2011-02-07 0 0000928658 COVENANT TRANSPORTATION GROUP INC CVTI 0001467252 PARE MARK 400 BIRMINGHAM HIGHWAY CHATTANOOGA TN 37419 0 1 0 0 Sr. VP of Sales of Subsidiary Class A Common Stock 2011-02-07 4 F 0 424 8.97 D 16721 D Class A Common Stock 2011-03-01 4 F 0 727 8.92 D 15994 D Class A Common Stock 544 I 401(k) Represents shares surrendered to the issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock granted to the reporting person. The number of shares beneficially owned following the reported transaction is equal to the reporting person's February 28, 2011 account balance in the employer stock fund under the issuer's 401(k) plan divided by the closing price on February 28, 2011. The plan is unitized and as such does not itself allocate a specific number of shares to each participant. /s/ Mark Pare, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC 2011-03-02