0001235802-22-000040.txt : 20220303
0001235802-22-000040.hdr.sgml : 20220303
20220303174750
ACCESSION NUMBER: 0001235802-22-000040
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220301
FILED AS OF DATE: 20220303
DATE AS OF CHANGE: 20220303
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: TURNER JOHN H
CENTRAL INDEX KEY: 0001253983
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-15010
FILM NUMBER: 22710689
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
2022-03-01
0
0000799167
MARTEN TRANSPORT LTD
MRTN
0001253983
TURNER JOHN H
129 MARTEN STREET
MONDOVI
WI
54755
0
1
0
0
EVP Sales & Marketing
Common Stock
2022-03-01
4
A
0
6059.18
0
A
97183
D
Common Stock
2022-03-01
4
F
0
5947
17.31
D
91236
D
Common Stock
2022-03-01
4
F
0
7881
17.31
D
83355
D
Common Stock
2022-03-03
4
M
0
9661
9.008
A
93016
D
Common Stock
2022-03-03
4
S
0
9661
18.0895
D
83355
D
Stock Option (right to buy)
9.008
2022-03-03
4
M
0
9661
0
D
2022-05-12
Common Stock
9661
0
D
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.
/s/ James J. Hinnendael, attorney-in-fact
2022-03-03