0001235802-20-000030.txt : 20200430 0001235802-20-000030.hdr.sgml : 20200430 20200430172605 ACCESSION NUMBER: 0001235802-20-000030 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200428 FILED AS OF DATE: 20200430 DATE AS OF CHANGE: 20200430 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MARTEN RANDOLPH L CENTRAL INDEX KEY: 0001253979 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15010 FILM NUMBER: 20836940 MAIL ADDRESS: STREET 1: 129 MARTEN STREET CITY: MONDOVI STATE: WI ZIP: 54755 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MARTEN TRANSPORT LTD CENTRAL INDEX KEY: 0000799167 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING (NO LOCAL) [4213] IRS NUMBER: 391140809 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 129 MARTEN ST CITY: MONDOVI STATE: WI ZIP: 54755 BUSINESS PHONE: 7159264216 MAIL ADDRESS: STREET 1: 3400 PLAZA VII STREET 2: 45 SOUTH SEVENTH ST CITY: MINNEAPOLIS STATE: MN ZIP: 55402 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2020-04-28 0 0000799167 MARTEN TRANSPORT LTD MRTN 0001253979 MARTEN RANDOLPH L 129 MARTEN STREET MONDOVI WI 54755 1 1 1 0 Chairman of the Board and CEO Common Stock 2020-04-28 4 M 0 23600 13.512 A 11825199.74 D Common Stock 2020-04-28 4 S 0 17703 23.244 D 11807496.74 D Common Stock 2020-04-29 4 M 0 19500 13.512 A 11826996.74 D Common Stock 2020-04-29 4 S 0 14625 23.0592 D 11812371.74 D Common Stock 2020-04-30 4 M 0 1030 13.512 A 11813401.74 D Common Stock 2020-04-30 4 S 0 772 23 D 11812629.74 D Stock Option (right to buy) 13.512 2020-04-28 4 M 0 23600 0 D 2022-05-12 Common Stock 23600 44067 D Stock Option (right to buy) 13.512 2020-04-29 4 M 0 19500 0 D 2022-05-12 Common Stock 19500 24567 D Stock Option (right to buy) 13.512 2020-04-30 4 M 0 1030 0 D 2022-05-12 Common Stock 1030 23537 D 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. 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. 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. All shares are vested except for 13,534 shares that will vest on May 12, 2020. /s/ James J. Hinnendael, attorney-in-fact 2020-04-30