Randolph L. Marten - Aug 16, 2023 Form 4 Insider Report for MARTEN TRANSPORT LTD (MRTN)

Role: Exec. Chairman of the Board, Director, 10%+ Owner
Signature: /s/ James J. Hinnendael, attorney-in-fact
Stock symbol: MRTN
Transactions as of: Aug 16, 2023
Transactions value $: $0
Form type: 4
Date filed: 8/17/2023, 04:04 PM
Previous filing: May 3, 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	Gift	$0	-750	0%	$0.00	17.7M	Aug 16, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes: (i) 8,765 shares granted under a Performance Unit Award Agreement that vest on 12/31/2023 through 12/31/2027; (ii) 8,366 shares granted under a Performance Unit Award Agreement that vest on 12/31/2023 through 12/31/2026; (iii) 7,199 shares granted under a Performance Unit Award Agreement that vest on 12/31/2023 through 12/31/2025; (iv) 2,129 shares granted under a Performance Unit Award Agreement that vest on 12/31/2023 through 12/31/2024; and (v) 2,280 shares granted under a Performance Unit Award Agreement that vest on 12/31/2023.

Content

Includes: (i) 8,765 shares granted under a Performance Unit Award Agreement that vest on 12/31/2023 through 12/31/2027; (ii) 8,366 shares granted under a Performance Unit Award Agreement that vest on 12/31/2023 through 12/31/2026; (iii) 7,199 shares granted under a Performance Unit Award Agreement that vest on 12/31/2023 through 12/31/2025; (iv) 2,129 shares granted under a Performance Unit Award Agreement that vest on 12/31/2023 through 12/31/2024; and (v) 2,280 shares granted under a Performance Unit Award Agreement that vest on 12/31/2023.