SEC Form 4 · accession 0001235802-18-000057
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
May 8, 2018
Accepted (ET)
May 10, 2018 · 4:28 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 | May 8, 2018 | A | 7,250 | $0.00 | A | 11,858,639 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares granted under a Performance Unit Award Agreement will vest in equal increments over five years beginning on December 31, 2018.
- F2Includes: (i) 7,250 shares granted under a Performance Unit Award Agreement that vest on 12/31/2018 through 12/31/2022; (ii) 13,865 shares granted under a Performance Unit Award Agreement that vest on 12/31/2018 through 12/31/2021; (iii) 2,800 shares granted under a Performance Unit Award Agreement that vest on 12/31/2018 through 12/31/2020; (iv) 1,900 shares granted under a Performance Unit Award Agreement that vest on 12/31/2018 through 12/31/2019; (v) 1,000 shares granted under a Performance Unit Award Agreement that vest on 12/31/2018 and (vi) 57,704.21 shares that the reporting person has deferred under the Issuer's deferred compensation plan.