X0303 4 2011-01-11 0 0000928658 COVENANT TRANSPORTATION GROUP INC CVTI 0001220025 SMITH TONY 400 BIRMINGHAM HIGHWAY CHATTANOOGA TN 37419 0 1 0 0 President of Subsidiary Class A Common Stock 2011-01-11 4 F 0 1296 9.71 D 71291 D Class A Common Stock 2011-03-01 4 D 0 25000 0 D 46291 D Class A Common Stock 2011-03-01 4 D 0 4000 0 D 42291 D Class A Common Stock 2011-03-01 4 F 0 1323 8.92 D 40968 D Class A Common Stock 10000 D Represents shares surrendered to the issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock granted to the reporting person. Represents the forfeiture of restricted stock originally granted under the 2006 Omnibus Incentive Plan on May 23, 2006, due to the issuer not achieving the established performance targets, as certified by the issuer's compensation committee on the transaction date. Represents the forfeiture of restricted stock originally granted under the 2006 Omnibus Incentive Plan on May 22, 2007, due to the issuer not achieving the established performance targets, as certified by the issuer's compensation committee on the transaction date. Shares owned jointly by Mr. Smith and his wife, Kathy Smith, as joint tenants with rights of survivorship. /s/ Tony Smith, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC 2011-03-02