Home/Filings/4/0001235802-22-000040
4//SEC Filing

TURNER JOHN H 4

Accession 0001235802-22-000040

CIK 0000799167other

Filed

Mar 2, 7:00 PM ET

Accepted

Mar 3, 5:47 PM ET

Size

14.2 KB

Accession

0001235802-22-000040

Insider Transaction Report

Form 4
Period: 2022-03-01
TURNER JOHN H
Vice President of Sales
Transactions
  • Exercise/Conversion

    Stock Option (right to buy)

    2022-03-039,6610 total
    Exercise: $9.01Exp: 2022-05-12Common Stock (9,661 underlying)
  • Award

    Common Stock

    2022-03-01+6,059.1897,183 total
  • Tax Payment

    Common Stock

    2022-03-01$17.31/sh7,881$136,42083,355 total
  • Tax Payment

    Common Stock

    2022-03-01$17.31/sh5,947$102,94391,236 total
  • Exercise/Conversion

    Common Stock

    2022-03-03$9.01/sh+9,661$87,02693,016 total
  • Sale

    Common Stock

    2022-03-03$18.09/sh9,661$174,76383,355 total
Footnotes (5)
  • [F1]Excludes shares that were previously reported as they vested based on service.
  • [F2]Includes: (i) 4,572 shares granted under a Performance Unit Award Agreement that vest on 12/31/2022 through 12/31/2025; (ii) 1,491 shares granted under a Performance Unit Award Agreement that vest on 12/31/2022 through 12/31/2024; (iii) 2,010 shares granted under a Performance Unit Award Agreement that vest on 12/31/2022 through 12/31/2023; and (iv) 885 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 16,418 shares released from the Issuer's deferred compensation plan which terminated effective May 5, 2021.
  • [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.97 to $18.24, 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.
  • [F5]This option has fully vested.

Issuer

MARTEN TRANSPORT LTD

CIK 0000799167

Entity typeother

Related Parties

1
  • filerCIK 0001253983

Filing Metadata

Form type
4
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 5:47 PM ET
Size
14.2 KB