Form 4 for MRTN MARTEN TRANSPORT LTD
Accepted 2024-06-13 00:00:00 ET · period of report 2024-06-12 · accession 0001235802-24-000054 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-06-13 | 2024-06-12 | MRTN | Petit Douglas Paul | Pres | S - Sale+OE | $18.22 | -4,500 | 31.6K | -12% | -$82.0K |
| D | 2024-06-13 | 2024-06-12 | MRTN | Petit Douglas Paul | Pres | M - OptEx | $10.87 | +4,500 | 36.1K | +14% | +$48.9K |
| D | 2024-06-13 | 2024-06-12 | MRTN | Petit Douglas Paul | Pres | M - OptEx | $0.00 | -4,500 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-06-12 | S | D | 4,500 | $18.22 | 31,600 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.22 to $18.2401, 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. (F1) Includes: (i) 4,990 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2028; (ii) 3,437 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2027; (iii) 3,075 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2026; (iv) 400 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2025; and (v) 300 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024. |
| 2 | Common | Common Stock | 2024-06-12 | M | A | 4,500 | $10.87 | 36,100 | D | — | — | (F1) Includes: (i) 4,990 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2028; (ii) 3,437 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2027; (iii) 3,075 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2026; (iv) 400 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2025; and (v) 300 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024. |
| 3 | Derivative | Stock Option (right to buy) | 2024-06-12 | M | D | 4,500 | $0.00 | 0 | D | $10.87 · — to 2024-08-15 | 4,500 Common Stock | (F3) This option has fully vested. |