0001235802-24-000057.txt : 20240725 0001235802-24-000057.hdr.sgml : 20240725 20240725165457 ACCESSION NUMBER: 0001235802-24-000057 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240725 FILED AS OF DATE: 20240725 DATE AS OF CHANGE: 20240725 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Phillips Adam Daniel CENTRAL INDEX KEY: 0002005041 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15010 FILM NUMBER: 241142659 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] ORGANIZATION NAME: 01 Energy & Transportation 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 X0508 4 2024-07-25 0 0000799167 MARTEN TRANSPORT LTD MRTN 0002005041 Phillips Adam Daniel 129 MARTEN STREET MONDOVI WI 54755 0 1 0 0 EVP & Chief Operating Officer 0 Common Stock 2024-07-25 4 M 0 4500 10.867 A 11948 D Common Stock 2024-07-25 4 S 0 4500 18.3412 D 7448 D Stock Option (right to buy) 10.867 2024-07-25 4 M 0 4500 0 D 2024-08-15 Common Stock 4500 0 D Includes: (i) 3,858 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2028; (ii) 1,200 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2027; (iii) 900 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2026; (iv) 400 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2025; and (v) 300 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.3401 to $18.35, 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. All shares are vested. /s/ James J. Hinnendael, attorney-in-fact 2024-07-25