James J. Hinnendael - Oct 4, 2021 Form 4 Insider Report for MARTEN TRANSPORT LTD (MRTN)

Role: Exec. VP and CFO
Signature: /s/ James J. Hinnendael
Stock symbol: MRTN
Transactions as of: Oct 4, 2021
Transactions value $: $0
Form type: 4
Date filed: 10/6/2021, 04:17 PM
Previous filing: Aug 25, 2021
Next filing: Nov 24, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MRTN	Common Stock	Award	$0	+1.16K	+0.75%	$0.00	155K	Oct 4, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents dividend equivalent rights that accrued on October 4, 2021.
F2	Includes: (i) 6,040 shares granted under a Performance Unit Award Agreement that vest on 12/31/2021 through 12/31/2025; (ii) 2,020 shares granted under a Performance Unit Award Agreement that vest on 12/31/2021 through 12/31/2024; (iii) 3,060 shares granted under a Performance Unit Award Agreement that vest on 12/31/2021 through 12/31/2023; (iv) 2,130 shares granted under a Performance Unit Award Agreement that vest on 12/31/2021 through 12/31/2022; (v) 2,375 shares granted under a Performance Unit Award Agreement that vest on 12/31/2021; and (vi) 33,759.43 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

Content

Represents dividend equivalent rights that accrued on October 4, 2021.

Includes: (i) 6,040 shares granted under a Performance Unit Award Agreement that vest on 12/31/2021 through 12/31/2025; (ii) 2,020 shares granted under a Performance Unit Award Agreement that vest on 12/31/2021 through 12/31/2024; (iii) 3,060 shares granted under a Performance Unit Award Agreement that vest on 12/31/2021 through 12/31/2023; (iv) 2,130 shares granted under a Performance Unit Award Agreement that vest on 12/31/2021 through 12/31/2022; (v) 2,375 shares granted under a Performance Unit Award Agreement that vest on 12/31/2021; and (vi) 33,759.43 shares that the reporting person has deferred under the Issuer's deferred compensation plan.