MARTEN TRANSPORT LTD — Director's Dealing 2019

Dec 30, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARTEN TRANSPORT LTD (MRTN)
CIK: 0000799167
Period of Report: 2019-12-27

Reporting Person: MARTEN RANDOLPH L (Director, Chairman of the Board & CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-27	Common Stock	A	113.34	—	Acquired	11794272.18	Direct

Footnotes

F1: Represents dividend equivalent rights that accrued on December 27, 2019.

F2: Includes: (i) 7,600 shares granted under a Performance Unit Award Agreement that vest on 12/31/2019 through 12/31/2023; (ii) 5,800 shares granted under a Performance Unit Award Agreement that vest on 12/31/2019 through 12/31/2022; (iii) 10,398 shares granted under a Performance Unit Award Agreement that vest on 12/31/2019 through 12/31/2021; (iv) 1,867 shares granted under a Performance Unit Award Agreement that vest on 12/31/2019 through 12/31/2020; (v) 950 shares granted under a Performance Unit Award Agreement that vest on 12/31/2019; and (vi) 81,829.18 shares that the reporting person has deferred under the Issuer's deferred compensation plan.