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Filing Details

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
1253983	H John Turner	129 Marten Street Mondovi WI 54755	Evp Sales & Marketing	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
Common Stock	Acquisiton	2022-03-01	6,059	$0.00	97,183	No	4	A	Direct
Common Stock	Disposition	2022-03-01	5,947	$17.31	91,236	No	4	F	Direct
Common Stock	Disposition	2022-03-01	7,881	$17.31	83,355	No	4	F	Direct
Common Stock	Acquisiton	2022-03-03	9,661	$9.01	93,016	No	4	M	Direct
Common Stock	Disposition	2022-03-03	9,661	$18.09	83,355	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	F	Direct
No	4	F	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	2022-03-03	9,661	$0.00	9,661	$9.01

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2022-05-12	No	4	M	Direct

Footnotes

Excludes shares that were previously reported as they vested based on service.
Includes: (i) 4,572 shares granted under a Performance Unit Award Agreement that vest on 12/31/2022 through 12/31/2025; (ii) 1,491 shares granted under a Performance Unit Award Agreement that vest on 12/31/2022 through 12/31/2024; (iii) 2,010 shares granted under a Performance Unit Award Agreement that vest on 12/31/2022 through 12/31/2023; and (iv) 885 shares granted under a Performance Unit Award Agreement that vest on 12/31/2022.
These shares were withheld to cover the estimated tax withholding obligations in connection with the issuance of 16,418 shares released from the Issuer's deferred compensation plan which terminated effective May 5, 2021.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.97 to $18.24, 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 (4) to this Form 4.
This option has fully vested.