SEC Form 4 · accession 0001235802-17-000155
MARTEN TRANSPORT LTD · MRTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randolph L Marten
Officer — Chairman of the Board and CEO · Director · 10% Owner
Period of report
Sep 29, 2017
Accepted (ET)
Oct 2, 2017 · 5:18 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,F2,F3 | Sep 29, 2017 | A | 64 | $0.00 | A | 11,851,127 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents dividend equivalent rights that accrued on September 29, 2017.
- F2On June 15, 2017, Marten declared a stock split effected in the form of a stock dividend, payable on July 7, 2017 to all holders of record of common stock on June 26, 2017, of two-thirds additional share of common stock for each one share of common stock outstanding.
- F3Includes: (i) 17,333 shares granted under a Performance Unit Award Agreement that vest on 12/31/2017 through 12/31/2021; (ii) 3,733 shares granted under a Performance Unit Award Agreement that vest on 12/31/2017 through 12/31/2020; (iii) 2,850 shares granted under a Performance Unit Award Agreement that vest on 12/31/2017 through 12/31/2019; (iv) 2,000 shares granted under a Performance Unit Award Agreement that vest on 12/31/2017 through 12/31/2018, (v) 1,500 shares granted under a Performance Unit Award Agreement that vest on 12/31/2017 and (vi) 52,977.77 shares that the reporting person has deferred under the Issuer's deferred compensation plan.