Randolph L. Marten - 16 Aug 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
Issuer symbol: MRTN
Transactions as of: 16 Aug 2023
Net transactions value: $0
Form type: 4
Filing time: 17 Aug 2023, 16:04:36 UTC
Previous filing: 03 May 2023
Next filing: 13 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MRTN	Common Stock	Gift	$0	-750	-0%	$0.000000	17,722,810	16 Aug 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.