0001235802-20-000096.txt : 20200818 0001235802-20-000096.hdr.sgml : 20200818 20200818161949 ACCESSION NUMBER: 0001235802-20-000096 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200814 FILED AS OF DATE: 20200818 DATE AS OF CHANGE: 20200818 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KOHL TIMOTHY M CENTRAL INDEX KEY: 0001187222 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15010 FILM NUMBER: 201113939 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 2020-08-14 0 0000799167 MARTEN TRANSPORT LTD MRTN 0001187222 KOHL TIMOTHY M 129 MARTEN STREET MONDOVI WI 54755 0 1 0 0 President Common Stock 2020-08-14 4 M 0 15000 9.008 A 323826.04 D Common Stock 2020-08-14 4 S 0 15000 18.6198 D 308826.04 D Common Stock 2020-08-17 4 S 0 25000 18.5536 D 283826.04 D Stock Option (right to buy) 9.008 2020-08-14 4 M 0 15000 0 D 2022-05-12 Common Stock 15000 0 D On July 16, 2020, Marten declared a three-for-two stock split effected in the form of a stock dividend, payable on August 13, 2020 to all holders of record of common stock on July 30, 2020. Includes: (i) 3,776 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 6,780 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 4,815 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 7,800 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 1,038 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 100,525.04 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 $18.50 to $18.82, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.49 to $18.69, 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. All shares are vested. /s/ James J. Hinnendael, attorney-in-fact 2020-08-18