X0306 4 2019-07-03 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 2019-07-03 4 F 0 703 14.50 D 197860 D Class A Common Stock 2019-02-25 5 G 0 100000 0 D 2393904 D Class A Common Stock 26818 I 401(k) Class B Common Stock 2350000 D Represents the number of shares deemed withheld to satisfy tax withholding obligations upon vesting of restricted stock granted to Mr. Parker. Share amount updated to reflect change in form of beneficial ownership between shares held jointly by Mr. Parker and his wife, Jacqueline F. Parker, as joint tenants with rights of survivorship, and shares owned directly by Mr. Parker. The shares were gifted by Mr. Parker to a grantor retained annuity trust with an independent trustee. Shares owned jointly by Mr. and Ms. Parker, as joint tenants with rights of survivorship. The number of shares beneficially owned following the reported transaction is equal to Mr. Parker's July 3, 2019 account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on July 3, 2019. 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 2019-07-08 /s/ Jacqueline F. Parker, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC 2019-07-08