MARTEN TRANSPORT LTD — Director's Dealing 2021

Dec 28, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARTEN TRANSPORT LTD (MRTN)
CIK: 0000799167
Period of Report: 2021-12-27

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-27	Common Stock	A	94.38	—	Acquired	17711476.75	Direct

Footnotes

F1: Represents dividend equivalent rights that accrued on December 27, 2021.

F2: Includes: (i) 11,999 shares granted under a Performance Unit Award Agreement that vest on 12/31/2021 through 12/31/2025; (ii) 4,256 shares granted under a Performance Unit Award Agreement that vest on 12/31/2021 through 12/31/2024; (iii) 6,840 shares granted under a Performance Unit Award Agreement that vest on 12/31/2021 through 12/31/2023; (iv) 4,350 shares granted under a Performance Unit Award Agreement that vest on 12/31/2021 through 12/31/2022; (v) 5,200 shares granted under a Performance Unit Award Agreement that vest on 12/31/2021; and (vi) 40,111.75 shares that the reporting person has deferred under the Issuer's deferred compensation plan.