MARTEN TRANSPORT LTD — Director's Dealing 2021

Mar 19, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARTEN TRANSPORT LTD (MRTN)
CIK: 0000799167
Period of Report: 2021-03-18

Reporting Person: WINKEL THOMAS J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-18	Common Stock	M	9375	$5.733	Acquired	46861	Direct
2021-03-18	Common Stock	S	6000	$16.7672	Disposed	40861	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-18	Stock Option (right to buy)	$5.733	M	9375	Disposed	2021-05-03	Common Stock (9375)	Direct

Footnotes

F1: 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.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.75 to $16.80, inclusive. The reporting person undertakes to provide to Marten Transport, Ltd., any security holder of Marten Transport, Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

F3: This option has fully vested.