DEMOREST ROBERT L 4
4 · MARTEN TRANSPORT LTD · Filed Dec 3, 2021
Insider Transaction Report
Form 4
DEMOREST ROBERT L
Director
Transactions
- Exercise/Conversion
Common Stock
2021-12-01$5.59/sh+5,000$27,935→ 52,374 total - Sale
Common Stock
2021-12-03$16.65/sh−5,313$88,460→ 47,374 total - Exercise/Conversion
Stock Option (right to buy)
2021-12-01−5,000→ 5,313 totalExercise: $5.59Exp: 2022-05-01→ Common Stock (5,000 underlying) - Exercise/Conversion
Stock Option (right to buy)
2021-12-03−5,313→ 0 totalExercise: $5.59Exp: 2022-05-01→ Common Stock (5,313 underlying) - Sale
Common Stock
2021-12-01$16.08/sh−5,000$80,391→ 47,374 total - Exercise/Conversion
Common Stock
2021-12-03$5.59/sh+5,313$29,684→ 52,687 total
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.05 to $16.09, 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 (1) to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.62 to $16.675, 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 (2) to this Form 4.
- [F3]This option has fully vested.