Filing Details

Accession Number:
0001235802-20-000030
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-04-30 17:26:05
Reporting Period:
2020-04-28
Accepted Time:
2020-04-30 17:26:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
799167 Marten Transport Ltd MRTN Trucking (No Local) (4213) 391140809
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1253979 L Randolph Marten 129 Marten Street
Mondovi WI 54755
Chairman Of The Board And Ceo Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-04-28 23,600 $13.51 11,825,200 No 4 M Direct
Common Stock Disposition 2020-04-28 17,703 $23.24 11,807,497 No 4 S Direct
Common Stock Acquisiton 2020-04-29 19,500 $13.51 11,826,997 No 4 M Direct
Common Stock Disposition 2020-04-29 14,625 $23.06 11,812,372 No 4 S Direct
Common Stock Acquisiton 2020-04-30 1,030 $13.51 11,813,402 No 4 M Direct
Common Stock Disposition 2020-04-30 772 $23.00 11,812,630 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2020-04-28 23,600 $0.00 23,600 $13.51
Common Stock Stock Option (right to buy) Disposition 2020-04-29 19,500 $0.00 19,500 $13.51
Common Stock Stock Option (right to buy) Disposition 2020-04-30 1,030 $0.00 1,030 $13.51
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
44,067 2022-05-12 No 4 M Direct
24,567 2022-05-12 No 4 M Direct
23,537 2022-05-12 No 4 M Direct
Footnotes
  1. Includes: (i) 6,080 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (ii) 4,350 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iii) 6,932 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (iv) 933 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (v) 91,779.74 shares that the reporting person has deferred under the Issuer's deferred compensation plan.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.00 to $23.93, inclusive. The reporting person undertakes to provide to Marten Transport, Ltd., any security holder of Marten Transport, Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.00 to $23.26, inclusive. The reporting person undertakes to provide to Marten Transport, Ltd., any security holder of Marten Transport, Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
  4. All shares are vested except for 13,534 shares that will vest on May 12, 2020.