UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: The table below sets forth information with respect to purchases of our Class A common stock made by us during the quarter ended June 30, 2022:
−Removed: (a) Total Number of Shares Purchased
−Removed: (b) Average Price Paid per Share
−Removed: (c) Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs(1)
−Removed: (d) Approximate Dollar Value of Shares that May Yet be Purchased Under the Plans or Programs(1)
−Removed: April 1-30, 2022
−Removed: May 1-31, 2022
−Removed: June 1-30, 2022
+Added: The table below sets forth information with respect to purchases of our Class A common stock made by us during the quarter ended September 30, 2022:
+Added: Total Number of Shares Purchased
+Added: Average Price Paid per Share
+Added: Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1)
+Added: Approximate Dollar Value of Shares that May Yet be Purchased Under the Plans or Programs (1)
+Added: July 1-31, 2022
+Added: August 1-31, 2022
+Added: September 1-30, 2022
On January 25, 2021, our Board approved the repurchase of up to $40.0 million of our outstanding Class A common stock.
2 unchanged sentences
As of January 1, 2022, there was approximately $38.0 million remaining under such authorization.
−Removed: On February 10, 2022, our Board of Directors adopted a 10b5-1 plan for the purchase of up $30.0 million in shares subject to defined trading parameters, under our then current stock repurchase program authorizing the purchase of up to $38.0 million of our Class A common stock.
+Added: On February 10, 2022, our Board of Directors adopted a 10b5-1 plan for the purchase of up to $30.0 million in shares subject to defined trading parameters, under our then current stock repurchase program.
Under such authorization, we repurchased 1.4 million shares of our Class A common stock for $30.0 million completing the program in May 2022.
On May 18, 2022, our Board approved a new stock repurchase authorization of up to $75.0 million of our Class A common stock, with any remaining amount available under prior authorizations being excluded and no longer available.
−Removed: Under such authorization, we repurchased 0.6 million shares of our Class A common stock for $13.4 million during the three months ended June 30, 2022.
−Removed: The payment of cash dividends is currently limited by our financing arrangements, including certain covenants under our Credit Facility. We distributed a total of $2.0 million to stockholders in the first six months of 2022 through dividends.
+Added: Under such authorization, we repurchased 1.6 million shares of our Class A common stock for $40.9 million through September 30, 2022.
+Added: The payment of cash dividends is currently limited by our financing arrangements, including certain covenants under our Credit Facility. We distributed a total of $3.2 million to stockholders in the first nine months of 2022 through dividends.
DEF AU LTS UPON SENIOR SECURITIES
10 unchanged sentences
Sixth Amended and Restated Bylaws
−Removed: Nineteenth Amendment to Third Amended and Restated Credit Agreement, dated as of May 4, 2022, among Covenant Logistics Group, Inc., Covenant Transport, Inc., CTG Leasing Company, Covenant Asset Management, LLC, Southern Refrigerated Transport, LLC, Covenant Transport Solutions, LLC, Star Transportation, LLC, Covenant Logistics, Inc., Transport Management Services, LLC, Landair Holdings, Inc., Landair Transport, Inc., Landair Logistics, Inc., Landair Leasing, Inc., AAT Carriers, Inc., and Bank of America, N.A.
−Removed: Covenant Logistics Group Supplemental Savings Plan, effective July 1, 2022
Certification pursuant to Item 601(b)(31) of Regulation S-K, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, by David R.
19 unchanged sentences
Furnished herewith.
−Removed: Management contract or compensatory plan or arrangement.
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
COVENANT LOGISTICS GROUP, INC.
−Removed: Date: August 5, 2022
+Added: Date: November 4, 2022
Chief Financial Officer in his capacity as such and as a duly authorized officer on behalf of the issuer
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.