MARTEN RANDOLPH L 4
4 · MARTEN TRANSPORT LTD · Filed Mar 3, 2022
Insider Transaction Report
Form 4
MARTEN RANDOLPH L
DirectorChairman of the Board and CEO10% Owner
Transactions
- Award
Common Stock
2022-03-01+13,156.25→ 17,724,633 total - Tax Payment
Common Stock
2022-03-01$17.31/sh−14,842$256,915→ 17,699,452 total - Tax Payment
Common Stock
2022-03-01$17.31/sh−10,339$178,968→ 17,714,294 total
Footnotes (3)
- [F1]Excludes shares that were previously reported as they vested based on service.
- [F2]Includes: (i) 9,600 shares granted under a Performance Unit Award Agreement that vest on 12/31/2022 through 12/31/2025; (ii) 3,192 shares granted under a Performance Unit Award Agreement that vest on 12/31/2022 through 12/31/2024; (iii) 4,560 shares granted under a Performance Unit Award Agreement that vest on 12/31/2022 through 12/31/2023; and (iv) 2,175 shares granted under a Performance Unit Award Agreement that vest on 12/31/2022.
- [F3]These shares were withheld to cover the estimated tax withholding obligations in connection with the issuance of 40,112 shares released from the Issuer's deferred compensation plan which terminated effective May 5, 2021.