SEC Form 4 · accession 0001235802-15-000068
MARTEN TRANSPORT LTD · MRTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James J Hinnendael
Officer — Exec. Vice President and CFO
Period of report
May 12, 2015
Accepted (ET)
May 14, 2015 · 4:15 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 | holding | — | — | — | 25,202 | 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 | $22.52 | May 12, 2015 | A | 16,900 | A | — | May 11, 2022 | Common Stock | 16,900 | 16,900 | D |
Explanation of responses
- F1Includes: (i) 960 shares granted under a Performance Unit Award Agreement that vest on 12/31/2015 through 12/31/2018, (ii) 1,080 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) 705 shares granted under a Performance Unit Award Agreement that vest on 12/31/2015 through 12/31/2016 and (v) 9,428.94 shares that the reporting person has deferred under the Issuer's deferred compensation plan.
- F2This option becomes exercisable in equal installments on each of the first five anniversaries from the date of grant.