Timothy M. Kohl - May 3, 2022 Form 4 Insider Report for MARTEN TRANSPORT LTD (MRTN)

Role
Chief Executive Officer
Signature
/s/ James J. Hinnendael, attorney-in-fact
Stock symbol
MRTN
Transactions as of
May 3, 2022
Transactions value $
$0
Form type
4
Date filed
5/5/2022, 04:27 PM
Previous filing
Mar 3, 2022
Next filing
Mar 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRTN Common Stock Award $0 +9.6K +3.75% $0.00 265K May 3, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares granted under a Performance Unit Award Agreement will vest in equal increments over five years beginning on December 31, 2022.
F2 Includes: (i) 9,601 shares granted under a Performance Unit Award Agreement that vest on 12/31/2022 through 12/31/2026; (ii) 8,360 shares granted under a Performance Unit Award Agreement that vest on 12/31/2022 through 12/31/2025; (iii) 2,265 shares granted under a Performance Unit Award Agreement that vest on 12/31/2022 through 12/31/2024; (iv) 3,390 shares granted under a Performance Unit Award Agreement that vest on 12/31/2022 through 12/31/2023; and (v) 1,605 shares granted under a Performance Unit Award Agreement that vest on 12/31/2022.