SEC Form 4 · accession 0001235802-18-000015
MARTEN TRANSPORT LTD · MRTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Larry B Hagness
Director
Period of report
Feb 2, 2018
Accepted (ET)
Feb 5, 2018 · 4:09 pm EST
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 | Feb 2, 2018 | M | 6,250 | $7.008 | A | 118,525 | D | |
| Common StockF1 | Feb 2, 2018 | S | 5,450 | $23.35 | D | 113,075 | D | |
| Common StockF1 | Feb 2, 2018 | S | 2,650 | $23.40 | D | 110,425 | D | |
| Common StockF1 | Feb 2, 2018 | S | 3,900 | $23.425 | D | 106,525 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $7.008 | Feb 2, 2018 | M | 6,250 | D | — | May 6, 2018 | Common Stock | 6,250 | 0 | D |
Explanation of responses
- F1On 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.
- F2This option has fully vested.