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Petit Douglas Paul – ‘4’ for 3/12/24 re: Marten Transport Ltd.

On:  Wednesday, 3/13/24, at 4:42pm ET   ·   For:  3/12/24   ·   As:  Officer   ·   Accession #:  1235802-24-26   ·   File #:  0-15010

Previous ‘4’:  ‘4’ on 5/3/23 for 5/2/23   ·   Latest ‘4’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/13/24  Petit Douglas Paul                4          Officer     1:9K   Marten Transport Ltd.             Counsell Deanna/FA

Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of     HTML     10K 
                Securities by an Insider -- primary_doc.xml/5.8


        

This ‘4’ Document is an XML Data File that may be rendered in various formats:

  Form 4    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 
 
SEC Info℠ rendering:  Statement of Changes in Beneficial Ownership of Securities by an Insider
 

The SEC has not released XSLT Stylesheets needed to render this File’s XML Data as a Form.

This is our “Plain Text” rendering:
 
                                                                                                                                                                                
Ownership Document
 
Schema Version:  X0508
Document Type:  4
Period of Report:  3/12/24
Not Subject to Section 16:  0
Issuer:
Issuer CIK:  799167
Issuer Name:  MARTEN TRANSPORT LTD
Issuer Trading Symbol:  MRTN
Reporting Owner:
Reporting Owner ID:
Owner CIK:  1881752
Owner Name:  Petit Douglas Paul
Reporting Owner Address:
Owner Street 1:  129 MARTEN STREET
Owner Street 2:
Owner City:  MONDOVI
Owner State:  WI
Owner ZIP Code:  54755
Owner State Description:
Reporting Owner Relationship:
Is Director?  No
Is Officer?  Yes
Is Ten Percent Owner?  No
Is Other?  No
Officer Title:  President
Aff 10b5 One:  0
Non-Derivative Table:
Non-Derivative Transaction:
Security Title:
Value:  Common Stock
Transaction Date:
Value:  3/12/24
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  F
Equity Swap Involved?  No
Transaction Timeliness:
Value:
Transaction Amounts:
Transaction Shares:
Value:  1,400
Footnote ID:  F1
Transaction Price Per Share:
Value:  19.02
Transaction Acquired-Disposed Code:
Value:  D
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  26,610
Footnote ID:  F2
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Table:
Derivative Transaction:
Security Title:
Value:  Stock Option (right to buy)
Conversion or Exercise Price:
Value:  10.867
Transaction Date:
Value:  8/15/17
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  A
Equity Swap Involved?  No
Transaction Timeliness:
Value:
Transaction Amounts:
Transaction Shares:
Value:  4,500
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  A
Exercise Date:
Footnote ID:  F3
Expiration Date:
Value:  8/15/24
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  4,500
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  4,500
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Transaction:
Security Title:
Value:  Stock Option (right to buy)
Conversion or Exercise Price:
Value:  15.167
Transaction Date:
Value:  8/14/18
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  A
Equity Swap Involved?  No
Transaction Timeliness:
Value:
Transaction Amounts:
Transaction Shares:
Value:  4,500
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  A
Exercise Date:
Footnote ID:  F3
Expiration Date:
Value:  8/14/25
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  4,500
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  4,500
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Transaction:
Security Title:
Value:  Stock Option (right to buy)
Conversion or Exercise Price:
Value:  17.36
Transaction Date:
Value:  5/4/21
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  A
Equity Swap Involved?  No
Transaction Timeliness:
Value:
Transaction Amounts:
Transaction Shares:
Value:  3,000
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  A
Exercise Date:
Footnote ID:  F4
Expiration Date:
Value:  5/4/28
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  3,000
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  3,000
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Footnotes:
Footnote - F1:  Of the 2,684 shares that vested, this number of shares were withheld in exchange for payment of employee taxes. All vested shares were previously reported as they vested based on service.
Footnote - F2:  Includes: (i) 3,437 shares granted under a Performance Unit Award Agreement that vest on 12/31/24 through 12/31/27; (ii) 3,075 shares granted under a Performance Unit Award Agreement that vest on 12/31/24 through 12/31/26; (iii) 400 shares granted under a Performance Unit Award Agreement that vest on 12/31/24 through 12/31/25; and (iv) 300 shares granted under a Performance Unit Award Agreement that vest on 12/31/24.
Footnote - F3:  This option has fully vested.
Footnote - F4:  This option vested with respect to 600 shares on each of May 4, 2022 and May 4, 2023 and will vest with respect to 600 shares on each of May 4, 2024, May 4, 2025 and May 4, 2026.
Owner Signature:
Signature Name:  /s/ James J. Hinnendael, attorney-in-fact
Signature Date:  3/13/24


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