Filing Details

Accession Number:
0001235802-20-000033
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-05-01 16:53:54
Reporting Period:
2020-04-29
Accepted Time:
2020-05-01 16:53:54
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
1187222 M Timothy Kohl 129 Marten Street
Mondovi WI 54755
President No Yes No 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 2020-04-29 25,414 $13.51 228,674 No 4 M Direct
Common Stock Disposition 2020-04-29 25,414 $22.94 203,260 No 4 S Direct
Common Stock Acquisiton 2020-05-01 14,586 $13.51 217,846 No 4 M Direct
Common Stock Disposition 2020-05-01 14,586 $23.17 203,260 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
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2020-04-29 25,414 $0.00 25,414 $13.51
Common Stock Stock Option (right to buy) Disposition 2020-05-01 14,586 $0.00 14,586 $13.51
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
24,586 2022-05-12 No 4 M Direct
10,000 2022-05-12 No 4 M Direct
Footnotes
  1. Includes: (i) 4,520 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (ii) 3,210 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iii) 5,200 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (iv) 692 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (v) 66,910.31 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 $22.76 to $23.19, 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 $23.135 to $23.20, 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 10,000 shares that will vest on May 12, 2020.