MARTEN TRANSPORT LTD — Director's Dealing 2020

Oct 1, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARTEN TRANSPORT LTD (MRTN)
CIK: 0000799167
Period of Report: 2020-09-30

Reporting Person: TURNER JOHN H (Exec. VP of Sales & Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-30	Common Stock	A	137.95	—	Acquired	104821.47	Direct

Footnotes

F1: Represents dividend equivalent rights that accrued on September 30, 2020.

F2: On July 16, 2020, Marten declared a three-for-two stock split effected in the form of a stock dividend, payable on August 13, 2020 to all holders of record of common stock on July 30, 2020.

F3: Includes: (i) 2,483 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 4,020 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 2,655 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 4,450 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 575 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 56,420.47 shares that the reporting person has deferred under the Issuer's deferred compensation plan.