X0306 4 2015-04-29 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 2015-04-29 4 M 0 10000 13.64 A 37875 D Class A Common Stock 2015-04-29 4 S 0 10000 31.79 D 27875 D Class A Common Stock 63344 D Class A Common Stock 28151 I 401(k) Employee Stock Option (Right-to-Buy) Class A Common Stock 13.64 2015-04-29 4 M 0 10000 0 D 2005-05-10 2015-05-10 Class A Common Stock 10000 0 D Represents exercise of employee stock option scheduled to expire on May 10, 2015, which avoided forfeiture by the reporting person of such option on such date. Price reflects a weighted average sale price for multiple transactions. 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. Shares are owned jointly by Mr. Hogan and his wife, Melinda J. Hogan, as joint tenants. The number of shares beneficially owned following the reported transaction is equal to the reporting person's April 29, 2015, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on April 29, 2015. 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 2015-04-30