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MARTEN TRANSPORT LTD Director's Dealing 2011

Mar 9, 2011

32347_dirs_2011-03-09_cea382d4-ee7e-406a-875d-86aafa93e861.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: 2011-03-09

Reporting Person: HAGNESS LARRY B (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-03-09 Common Stock M 12657 $4.14 Acquired 36703 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-03-09 Non-Statutory Stock Option (right to buy) $4.14 M 12657 Disposed 2011-05-08 Common Stock (12657) Direct

Footnotes

F1: This option has fully vested.