SEC FORM 4/A

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

PARKER DAVID RAY

(Last)

(First)

(Middle)

400 BIRMINGHAM HIGHWAY

(Street)

CHATTANOOGA

37419

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
COVENANT TRANSPORTATION GROUP INC [ CVTI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CHAIRMAN, PRESIDENT AND CEO

3. Date of Earliest Transaction (Month/Day/Year)
11/11/2008

4. If Amendment, Date of Original Filed (Month/Day/Year)
11/13/2008

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	11/11/2008		P⁽¹⁾		200	A	$1.62⁽¹⁾	2,687,767⁽¹⁾	D⁽²⁾
Class A Common Stock	11/11/2008		P⁽¹⁾		800	A	$1.68⁽¹⁾	2,688,567⁽¹⁾	D⁽²⁾
Class A Common Stock	11/11/2008		P⁽¹⁾		200	A	$1.6999⁽¹⁾	2,688,767⁽¹⁾	D⁽²⁾
Class A Common Stock	11/11/2008		P⁽¹⁾		3,100	A	$1.7⁽¹⁾	2,691,867⁽¹⁾	D⁽²⁾
Class A Common Stock	11/11/2008		P⁽¹⁾		2,000	A	$1.71⁽¹⁾	2,693,867⁽¹⁾	D⁽²⁾
Class A Common Stock	11/11/2008		P⁽¹⁾		2,300	A	$1.72⁽¹⁾	2,696,167⁽¹⁾	D⁽²⁾
Class A Common Stock	11/11/2008		P⁽¹⁾		2,500	A	$1.73⁽¹⁾	2,698,667⁽¹⁾	D⁽²⁾
Class A Common Stock	11/12/2008		P⁽¹⁾		400	A	$1.6999⁽¹⁾	2,699,067⁽¹⁾	D⁽²⁾
Class A Common Stock	11/12/2008		P⁽¹⁾		10,700	A	$1.7⁽¹⁾	2,709,767⁽¹⁾	D⁽²⁾
Class A Common Stock	11/13/2008		P⁽¹⁾		150	A	$1.69⁽¹⁾	2,709,917⁽¹⁾	D⁽²⁾
Class A Common Stock	11/13/2008		P⁽¹⁾		4,400	A	$1.7⁽¹⁾	2,714,317⁽¹⁾	D⁽²⁾
Class A Common Stock	11/13/2008		P⁽¹⁾		300	A	$1.71⁽¹⁾	2,714,617⁽¹⁾	D⁽²⁾
Class A Common Stock	11/13/2008		P⁽¹⁾		6,250	A	$1.72⁽¹⁾	2,720,867⁽¹⁾	D⁽²⁾
Class A Common Stock	11/14/2008		P		4,500	A	$1.6	2,725,367	D⁽²⁾
Class A Common Stock	11/14/2008		P		6,100	A	$1.62	2,731,467	D⁽²⁾
Class A Common Stock	11/14/2008		P		500	A	$1.63	2,731,967	D⁽²⁾
Class A Common Stock	11/17/2008		P		400	A	$1.47	2,732,367	D⁽²⁾
Class A Common Stock	11/17/2008		P		100	A	$1.48	2,732,467	D⁽²⁾
Class A Common Stock	11/17/2008		P		3,500	A	$1.5	2,735,967	D⁽²⁾
Class A Common Stock	11/17/2008		P		300	A	$1.51	2,736,267	D⁽²⁾
Class A Common Stock	11/17/2008		P		5,400	A	$1.52	2,741,667	D⁽²⁾
Class A Common Stock	11/17/2008		P		100	A	$1.54	2,741,767	D⁽²⁾
Class A Common Stock	11/18/2008		P		100	A	$1.49	2,741,867	D⁽²⁾
Class A Common Stock	11/18/2008		P		9,700	A	$1.5	2,751,567	D⁽²⁾
Class A Common Stock								76,750	D⁽³⁾
Class A Common Stock								100,000	I	Fn⁽⁴⁾
Class A Common Stock								22,378	I	401(k)⁽⁵⁾
Class B Common Stock								2,350,000	D⁽²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

1. Name and Address of Reporting Person^*

PARKER DAVID RAY

(Last)

(First)

(Middle)

400 BIRMINGHAM HIGHWAY

(Street)

CHATTANOOGA

37419

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CHAIRMAN, PRESIDENT AND CEO

1. Name and Address of Reporting Person^*

PARKER JACQUELINE F

(Last)

(First)

(Middle)

400 BIRMINGHAM HIGHWAY

(Street)

CHATTANOOGA

37419

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

Explanation of Responses:

1. These open market purchases were previously reported to the SEC on a timely basis. Now that additional pricing information is available, this amendment is being filed to update the price set forth in Table I, Column 4 of the previous Form 4 filed on November 13, 2008, which reflected the average trading price per share for the day and not the per share price for all purchases at different prices during such days.

2. Shares owned jointly by Mr. Parker and his wife, Jacqueline F. Parker, as joint tenants with rights of survivorship, and includes 937,780 shares of Class A Common Stock being held in grantor retained annuity trusts for the benefit of Mr. Parker over which Mrs. Parker serves as trustee with voting control.

3. Shares owned by Mr. Parker.

4. Shares are owned by the Parker Family Limited Partnership, of which Mr. and Mrs. Parker are the general partners.

5. The number of shares beneficially owned following the reported transaction is equal to Mr. Parker's November 11, 2008 account balance in the employer stock fund under the issuer's 401(k) Plan divided by the closing price on November 11, 2008. The fund is unitized and as such does not itself allocate a specific number of shares to each participant.

Remarks:

	/s/ David Ray Parker, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC	11/18/2008
	/s/ Jacqueline F. Parker, by Heidi Hornung-Scherr, attorney-in-fact, purusant to a POA previously filed with the SEC	11/18/2008
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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