SEC Form 4 · accession 0001686266-17-000004
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 9, 2017
Accepted (ET)
May 11, 2017 · 4:32 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 9, 2017 | A | 10,400 | $0.00 | A | 7,161,109 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares granted under a Performance Unit Award Agreement will vest in equal increments over five years beginning on December 31, 2017.
- F2Includes: (i) 10,400 shares granted under a Performance Unit Award Agreement that vest on 12/31/2017 through 12/31/2021; (ii) 2,240 shares granted under a Performance Unit Award Agreement that vest on 12/31/2017 through 12/31/2020; (iii) 1,710 shares granted under a Performance Unit Award Agreement that vest on 12/31/2017 through 12/31/2019; (iv) 1,200 shares granted under a Performance Unit Award Agreement that vest on 12/31/2017 through 12/31/2018, (v) 900 shares granted under a Performance Unit Award Agreement that vest on 12/31/2017 and (vi) 31,719.10 shares that the reporting person has deferred under the Issuer's deferred compensation plan.