MARTEN TRANSPORT LTD — Director's Dealing 2011

Mar 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARTEN TRANSPORT LTD (MRTN)
CIK: 0000799167
Period of Report: 2011-03-08

Reporting Person: WINKEL THOMAS J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-08	Common Stock	M	12657	$4.14	Acquired	16187	Direct
2011-03-08	Common Stock	S	933	$21.3761	Disposed	15254	Direct
2011-03-08	Common Stock	S	204	$21.3	Disposed	15050	Direct
2011-03-08	Common Stock	S	588	$21.28	Disposed	14462	Direct
2011-03-09	Common Stock	S	10932	$21.3	Disposed	3530	Direct

Derivative Transactions

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

Footnotes

F1: This option has fully vested.