X0306 4 2018-05-15 0 0000928658 COVENANT TRANSPORTATION GROUP INC CVTI 0001220829 PARKER DAVID RAY 400 BIRMINGHAM HIGHWAY CHATTANOOGA TN 37419 1 1 1 0 CHAIRMAN AND CEO 0001271324 PARKER JACQUELINE F 400 BIRMINGHAM HIGHWAY CHATTANOOGA TN 37419 0 0 1 0 Class A Common Stock 2018-05-15 4 A 0 10277 0 A 114443 D Class A Common Stock 2777141 D Class A Common Stock 26314 I 401(k) Class B Common Stock 2350000 D Represents a restricted stock award under the Third Amended and Restated 2006 Omnibus Incentive Plan. The award is subject to certain vesting, forfeiture, and termination provisions. Shares owned jointly by Mr. Parker and his wife, Jacqueline F. Parker, as joint tenants with rights of survivorship. The number of shares beneficially owned following the reported transaction is equal to Mr. Parker's May 14, 2018, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on May 14, 2018. The plan is unitized and as such does not itself allocate a specific number of shares to each participant. /s/ David R. Parker, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC 2018-05-17 /s/ Jacqueline F. Parker, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC 2018-05-17