Form 4 for CVLG COVENANT LOGISTICS GROUP, INC.
Accepted 2024-02-29 00:00:00 ET · period of report 2024-02-27 · accession 0001008886-24-000063 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-02-29 | 2024-02-27 | CVLG | PARKER JACQUELINE F | 10% | S - Sale | $51.08 | -22.0K | 176.3K | -11% | -$1.12M |
| D | 2024-02-29 | 2024-02-28 | CVLG | PARKER JACQUELINE F | 10% | A - Grant | $0.00 | +300.0K | 300.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-02-27 | S | D | 1,812 | $51.85 | 174,537 | D | — | — | (F2) The price reflects a weighted average sale price for multiple transactions ranging from $51.80 to $52.005, inclusive. 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 price. |
| 2 | Common | Class A Common Stock | 2024-02-27 | S | D | 20,188 | $51.01 | 176,349 | D | — | — | (F1) The price reflects a weighted average sale price for multiple transactions ranging from $50.74 to $51.60, inclusive. 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 price. |
| 3 | Derivative | Employee Stock Option (Right to Buy) | 2024-02-28 | A | A | 300,000 | $0.00 | 300,000 | D | $21.24 · 2024-02-28 to 2031-04-06 | 300,000 Class A Common Stock | (F5) On April 6, 2021, Mr. Parker was granted an option to purchase 300,000 shares of Class A common stock, subject to vesting based on the issuer's satisfaction of certain performance criteria for the year ended and the three-year period ended December 31, 2023. On February 28, 2024, the Compensation Committee of the issuer certified that the performance criteria were met. |