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MARTEN TRANSPORT LTD Director's Dealing 2007

Aug 15, 2007

32347_dirs_2007-08-15_7e0ad8a7-d12d-4f64-8cf1-a8465248276b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARTEN TRANSPORT LTD (MRTN)
CIK: 0000799167
Period of Report: 2007-08-13

Reporting Person: TURNER JOHN H (Vice President of Sales)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-08-13 Stock Option (right to buy) $16.56 A 12000 Acquired 2017-08-13 Common Stock (12000) Direct
2007-08-13 Stock Option (right to buy) $16.56 A 12000 Acquired 2017-08-13 Common Stock (12000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 0 Direct

Footnotes

F1: This option becomes exercisable with respect to 20% of the shares on each of the first five anniversaries of the date of grant, provided Mr. Turner remains employed by the Company.

F2: This option becomes exercisable upon achievement of certain performance criteria from 2007 to 2010.