MARTEN TRANSPORT LTD — Director's Dealing 2005

Nov 28, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARTEN TRANSPORT LTD (MRTN)
CIK: 0000799167
Period of Report: 2005-11-23

Reporting Person: NASH TIMOTHY P (Exec. VP of Sales & Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-11-23	Common Stock	M	1500	$6.55	Acquired	1500	Direct
2005-11-23	Common Stock	S	1500	$27.262	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-11-23	Stock Option (right to buy)	$6.55	M	1500	Disposed	2010-01-24	Common Stock (1500)	Direct

Footnotes

F1: The number of options shares are exercisable as follows: 1,125 shares as of 1/24/01 and 1,125 shares on each of 1/24/02, 1/24/03, 1/24/04 and 1/24/05.