X0303 4 2011-01-11 0 0000928658 COVENANT TRANSPORTATION GROUP INC CVTI 0001181041 HOGAN JOEY B 400 BIRMINGHAM HIGHWAY CHATTANOOGA TN 37419 0 1 0 0 SR EX VP & COO/PRES OF SUB. Class A Common Stock 2011-01-11 4 F 0 1355 9.71 D 89975 D Class A Common Stock 2011-03-01 4 D 0 33333 0 D 56642 D Class A Common Stock 2011-03-01 4 D 0 4000 0 D 52642 D Class A Common Stock 2011-03-01 4 F 0 1587 8.92 D 51055 D Class A Common Stock 50476 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. 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. The number of shares beneficially owned following the reported transactions 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/ Joey B. Hogan, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC 2011-03-02