Timothy M. Kohl - 07 May 2024 Form 4 Insider Report for MARTEN TRANSPORT LTD (MRTN)

Role: Chief Executive Officer
Signature: /s/ James J. Hinnendael, attorney-in-fact
Issuer symbol: MRTN
Transactions as of: 07 May 2024
Net transactions value: $0
Form type: 4
Filing time: 09 May 2024, 16:46:36 UTC
Previous filing: 13 Mar 2024
Next filing: 12 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MRTN	Common Stock	Award	$0	+9,346	+3.4%	$0.000000	282,461	07 May 2024	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, 2024.
F2	Includes: (i) 9,346 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2028; (ii) 6,437 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2027; (iii) 5,761 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2026; (iv) 4,180 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2025; and (v) 755 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024.

Content

These shares granted under a Performance Unit Award Agreement will vest in equal increments over five years beginning on December 31, 2024.

Includes: (i) 9,346 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2028; (ii) 6,437 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2027; (iii) 5,761 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2026; (iv) 4,180 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2025; and (v) 755 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024.