Filing Details
- Accession Number:
- 0001235802-20-000096
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-08-18 16:19:49
- Reporting Period:
- 2020-08-14
- Accepted Time:
- 2020-08-18 16:19:49
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 799167 | Marten Transport Ltd | MRTN | Trucking (No Local) (4213) | 391140809 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1187222 | M Timothy Kohl | 129 Marten Street Mondovi WI 54755 | President | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2020-08-14 | 15,000 | $9.01 | 323,826 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-08-14 | 15,000 | $18.62 | 308,826 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2020-08-17 | 25,000 | $18.55 | 283,826 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (right to buy) | Disposition | 2020-08-14 | 15,000 | $0.00 | 15,000 | $9.01 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2022-05-12 | No | 4 | M | Direct |
Footnotes
- On July 16, 2020, Marten declared a three-for-two stock split effected in the form of a stock dividend, payable on August 13, 2020 to all holders of record of common stock on July 30, 2020.
- Includes: (i) 3,776 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 6,780 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 4,815 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 7,800 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 1,038 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 100,525.04 shares that the reporting person has deferred under the Issuer's deferred compensation plan.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.50 to $18.82, inclusive. The reporting person undertakes to provide to Marten Transport, Ltd., any security holder of Marten Transport, Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.49 to $18.69, inclusive. The reporting person undertakes to provide to Marten Transport, Ltd., any security holder of Marten Transport, Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (4) to this Form 4.
- All shares are vested.
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