Timothy M. Kohl - May 2, 2023 Form 4 Insider Report for MARTEN TRANSPORT LTD (MRTN)

Role
Chief Executive Officer
Signature
/s/ James J. Hinnendael, attorney-in-fact
Stock symbol
MRTN
Transactions as of
May 2, 2023
Transactions value $
$0
Form type
4
Date filed
5/3/2023, 04:09 PM
Previous filing
Mar 15, 2023
Next filing
Mar 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRTN Common Stock Award $0 +8.05K +3% $0.00 277K May 2, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares granted under a Performance Unit Award Agreement will vest in equal increments over five years beginning on December 31, 2023.
F2 Includes: (i) 8,047 shares granted under a Performance Unit Award Agreement that vest on 12/31/2023 through 12/31/2027; (ii) 7,681 shares granted under a Performance Unit Award Agreement that vest on 12/31/2023 through 12/31/2026; (iii) 6,269 shares granted under a Performance Unit Award Agreement that vest on 12/31/2023 through 12/31/2025; (iv) 1,510 shares granted under a Performance Unit Award Agreement that vest on 12/31/2023 through 12/31/2024; and (v) 1,695 shares granted under a Performance Unit Award Agreement that vest on 12/31/2023.