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<?xml version="1.0" encoding="windows-1252"?> |
<ownershipDocument> |
| <schemaVersion> X0306 </schemaVersion> |
| <documentType> 5 </documentType> |
| <periodOfReport> 2019-06-30 </periodOfReport> |
| <notSubjectToSection16> 0 </notSubjectToSection16> |
| <form3HoldingsReported> 0 </form3HoldingsReported> |
| <form4TransactionsReported> 0 </form4TransactionsReported> |
| <issuer> |
| | <issuerCik> 0000865941 </issuerCik> |
| | <issuerName> CELADON GROUP INC </issuerName> |
| | <issuerTradingSymbol> CGI </issuerTradingSymbol> |
| | </issuer> |
| <reportingOwner> |
| | <reportingOwnerId> |
| | | <rptOwnerCik> 0001388062 </rptOwnerCik> |
| | | <rptOwnerName> Russell Jonathan Scott </rptOwnerName> |
| | | </reportingOwnerId> |
| | <reportingOwnerAddress> |
| | | <rptOwnerStreet1> ONE CELADON DRIVE </rptOwnerStreet1> |
| | | <rptOwnerStreet2> 9503 EAST 33RD STREET </rptOwnerStreet2> |
| | | <rptOwnerCity> INDIANAPOLIS </rptOwnerCity> |
| | | <rptOwnerState> IN </rptOwnerState> |
| | | <rptOwnerZipCode> 46235-4207 </rptOwnerZipCode> |
| | | <rptOwnerStateDescription></rptOwnerStateDescription> |
| | | </reportingOwnerAddress> |
| | <reportingOwnerRelationship> |
| | | <isDirector> 0 </isDirector> |
| | | <isOfficer> 1 </isOfficer> |
| | | <isTenPercentOwner> 0 </isTenPercentOwner> |
| | | <isOther> 0 </isOther> |
| | | <officerTitle> President </officerTitle> |
| | | <otherText></otherText> |
| | | </reportingOwnerRelationship> |
| | </reportingOwner> |
| <nonDerivativeTable> |
| | <nonDerivativeTransaction> |
| | | <securityTitle> |
| <value> Common Stock </value> |
| </securityTitle> |
| | | <transactionDate> |
| <value> 2018-09-07 </value> |
| </transactionDate> |
| | | <deemedExecutionDate></deemedExecutionDate> |
| | | <transactionCoding> |
| <transactionFormType> 5 </transactionFormType> |
| <transactionCode> W </transactionCode> |
| <equitySwapInvolved> 0 </equitySwapInvolved> |
| </transactionCoding> |
| | | <transactionTimeliness> |
| <value></value> |
| </transactionTimeliness> |
| | | <transactionAmounts> |
| <transactionShares> |
| <value> 6496 </value> |
| </transactionShares> |
| <transactionPricePerShare> |
| <value> 0 </value> |
| </transactionPricePerShare> |
| <transactionAcquiredDisposedCode> |
| <value> A </value> |
| </transactionAcquiredDisposedCode> |
| </transactionAmounts> |
| | | <postTransactionAmounts> |
| <sharesOwnedFollowingTransaction> |
| <value> 582484 </value> |
| </sharesOwnedFollowingTransaction> |
| </postTransactionAmounts> |
| | | <ownershipNature> |
| <directOrIndirectOwnership> |
| <value> D </value> |
| <footnoteId id="F1"/> |
| </directOrIndirectOwnership> |
| </ownershipNature> |
| | | </nonDerivativeTransaction> |
| | <nonDerivativeHolding> |
| | | <securityTitle> |
| <value> Common Stock </value> |
| </securityTitle> |
| | | <transactionCoding> |
| <transactionFormType></transactionFormType> |
| </transactionCoding> |
| | | <postTransactionAmounts> |
| <sharesOwnedFollowingTransaction> |
| <value> 2912 </value> |
| </sharesOwnedFollowingTransaction> |
| </postTransactionAmounts> |
| | | <ownershipNature> |
| <directOrIndirectOwnership> |
| <value> I </value> |
| <footnoteId id="F2"/> |
| </directOrIndirectOwnership> |
| <natureOfOwnership> |
| <value> By Son </value> |
| <footnoteId id="F2"/> |
| </natureOfOwnership> |
| </ownershipNature> |
| | | </nonDerivativeHolding> |
| | <nonDerivativeHolding> |
| | | <securityTitle> |
| <value> Common Stock </value> |
| </securityTitle> |
| | | <transactionCoding> |
| <transactionFormType></transactionFormType> |
| </transactionCoding> |
| | | <postTransactionAmounts> |
| <sharesOwnedFollowingTransaction> |
| <value> 2575 </value> |
| </sharesOwnedFollowingTransaction> |
| </postTransactionAmounts> |
| | | <ownershipNature> |
| <directOrIndirectOwnership> |
| <value> I </value> |
| <footnoteId id="F2"/> |
| </directOrIndirectOwnership> |
| <natureOfOwnership> |
| <value> By Son </value> |
| <footnoteId id="F2"/> |
| </natureOfOwnership> |
| </ownershipNature> |
| | | </nonDerivativeHolding> |
| | </nonDerivativeTable> |
| <derivativeTable></derivativeTable> |
| <footnotes> |
| | <footnote id="F1"> The shares of the Issuer's Common Stock are owned jointly with the reporting person's spouse, except for any unvested restricted shares. </footnote> |
| | <footnote id="F2"> The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. </footnote> |
| | </footnotes> |
| <ownerSignature> |
| | <signatureName> /s/ Jonathan Scott Russell, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC </signatureName> |
| | <signatureDate> 2019-08-14 </signatureDate> |
| | </ownerSignature> |
| </ownershipDocument> |