SEC Form 4 · accession 0001235802-15-000057
MARTEN TRANSPORT LTD · MRTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John H Turner
Officer — Senior Vice President of Sales
Period of report
Apr 21, 2015
Accepted (ET)
Apr 23, 2015 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000799167
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 21, 2015 | M | 3,800 | $11.68 | A | 22,446 | D | |
| Common StockF1 | Apr 21, 2015 | S | 2,644 | $24.50 | D | 19,802 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $11.68 | Apr 21, 2015 | M | 3,800 | D | — | May 6, 2015 | Common Stock | 3,800 | 0 | D |
Explanation of responses
- F1Includes: (i) 940 shares granted under a Performance Unit Award Agreement that vest on 12/31/2015 through 12/31/2018, (ii) 1,057 shares granted under a Performance Unit Award Agreement that vest on 12/31/2015 through 12/31/2017, (iii) 360 shares granted under a Performance Unit Award Agreement that vest on 12/31/2015, (iv) 690 shares granted under a Performance Unit Award Agreement that vest on 12/31/2015 through 12/31/2016 and (v) 9,384.66 shares that the reporting person has deferred under the Issuer's deferred compensation plan.
- F2This option has fully vested.