MRTN

SEC source: 0001235802-20-000133 · primary_doc.xml · nonDerivative · entry 1

TURNER JOHN H · CIK 0001253983 · Exec. VP of Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 114,821.47

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Includes: (i) 2,483 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 4,020 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 2,655 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 4,450 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 575 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 56,420.47 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001686266-20-000007 · primary_doc.xml · nonDerivative · entry 1

BAUER JERRY M · CIK 0001253975 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 119,444

F1 · balance_after: On July 16, 2020, Marten declared a three-for-two stock split in the form of a stock dividend, payable on August 13, 2020 to all holders of record of common stock on July 30, 2020.

SEC source: 0001235802-20-000116 · primary_doc.xml · nonDerivative · entry 1

MARTEN RANDOLPH L · CIK 0001253979 · Director · Chairman of the Board and CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,728,580.44

F1 · shares: Represents dividend equivalent rights that accrued on September 30, 2020.

F2 · balance_after: On July 16, 2020, Marten declared a three-for-two stock split effected in the form of a stock dividend, payable on August 13, 2020 to all holders of record of common stock on July 30, 2020.

F3 · balance_after: Includes: (i) 5,322 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 9,120 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 6,525 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 10,400 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 1,400 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 138,226.44 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000115 · primary_doc.xml · nonDerivative · entry 1

TURNER JOHN H · CIK 0001253983 · Exec. VP of Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 104,821.47

F1 · shares: Represents dividend equivalent rights that accrued on September 30, 2020.

F2 · balance_after: On July 16, 2020, Marten declared a three-for-two stock split effected in the form of a stock dividend, payable on August 13, 2020 to all holders of record of common stock on July 30, 2020.

F3 · balance_after: Includes: (i) 2,483 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 4,020 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 2,655 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 4,450 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 575 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 56,420.47 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000114 · primary_doc.xml · nonDerivative · entry 1

Hinnendael James J · CIK 0001348356 · Executive Vice President & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 156,983.36

F1 · shares: Represents dividend equivalent rights that accrued on September 30, 2020.

F2 · balance_after: On July 16, 2020, Marten declared a three-for-two stock split effected in the form of a stock dividend, payable on August 13, 2020 to all holders of record of common stock on July 30, 2020.

F3 · balance_after: Includes: (i) 2,523 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 4,080 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 3,195 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 4,750 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 588 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 57,979.36 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000113 · primary_doc.xml · nonDerivative · entry 1

KOHL TIMOTHY M · CIK 0001187222 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 284,072.42

F1 · shares: Represents dividend equivalent rights that accrued on September 30, 2020.

F2 · balance_after: On July 16, 2020, Marten declared a three-for-two stock split effected in the form of a stock dividend, payable on August 13, 2020 to all holders of record of common stock on July 30, 2020.

F3 · balance_after: Includes: (i) 3,776 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 6,780 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 4,815 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 7,800 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 1,038 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 100,771.42 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000096 · primary_doc.xml · nonDerivative · entry 3

KOHL TIMOTHY M · CIK 0001187222 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 283,826.04

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.49 to $18.69, 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.

F1 · balance_after: On July 16, 2020, Marten declared a three-for-two stock split effected in the form of a stock dividend, payable on August 13, 2020 to all holders of record of common stock on July 30, 2020.

F2 · balance_after: Includes: (i) 3,776 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 6,780 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 4,815 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 7,800 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 1,038 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 100,525.04 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000096 · primary_doc.xml · derivative · entry 4

KOHL TIMOTHY M · CIK 0001187222 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 15,000 shares

Expires 2022-05-12

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_date: All shares are vested.

SEC source: 0001235802-20-000096 · primary_doc.xml · nonDerivative · entry 2

KOHL TIMOTHY M · CIK 0001187222 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 308,826.04

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.50 to $18.82, 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 (3) to this Form 4.

F1 · balance_after: On July 16, 2020, Marten declared a three-for-two stock split effected in the form of a stock dividend, payable on August 13, 2020 to all holders of record of common stock on July 30, 2020.

F2 · balance_after: Includes: (i) 3,776 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 6,780 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 4,815 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 7,800 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 1,038 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 100,525.04 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000096 · primary_doc.xml · nonDerivative · entry 1

KOHL TIMOTHY M · CIK 0001187222 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 323,826.04

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: On July 16, 2020, Marten declared a three-for-two stock split effected in the form of a stock dividend, payable on August 13, 2020 to all holders of record of common stock on July 30, 2020.

F2 · balance_after: Includes: (i) 3,776 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 6,780 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 4,815 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 7,800 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 1,038 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 100,525.04 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000078 · primary_doc.xml · nonDerivative · entry 1

TURNER JOHN H · CIK 0001253983 · EVP of Sales and Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 69,787.68

F1 · shares: Represents dividend equivalent rights that accrued on June 30, 2020.

F2 · balance_after: Includes: (i) 1,655 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 2,680 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 1,770 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 2,966 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 383 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 37,521.68 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000077 · primary_doc.xml · nonDerivative · entry 1

KOHL TIMOTHY M · CIK 0001187222 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 205,883.69

F1 · shares: Represents dividend equivalent rights that accrued on June 30, 2020.

F2 · balance_after: Includes: (i) 2,517 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 4,520 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 3,210 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 5,200 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 692 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 67,016.69 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000076 · primary_doc.xml · nonDerivative · entry 1

Hinnendael James J · CIK 0001348356 · Executive Vice President & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 104,560.4

F1 · shares: Represents dividend equivalent rights that accrued on June 30, 2020.

F2 · balance_after: Includes: (i) 1,682 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 2,720 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 2,130 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 3,166 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 392 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 38,558.40 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000075 · primary_doc.xml · nonDerivative · entry 1

MARTEN RANDOLPH L · CIK 0001253979 · Director · Chairman of the Board and CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,818,826.65

F1 · shares: Represents dividend equivalent rights that accrued on June 30, 2020.

F2 · balance_after: Includes: (i) 3,548 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 6,080 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 4,350 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 6,932 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 933 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 91,925.65 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000044 · primary_doc.xml · derivative · entry 3

MARTEN RANDOLPH L · CIK 0001253979 · Director · Chairman of the Board and CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 13,534 shares

Expires 2022-05-12

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: This option has fully vested.

SEC source: 0001235802-20-000044 · primary_doc.xml · nonDerivative · entry 2

MARTEN RANDOLPH L · CIK 0001253979 · Director · Chairman of the Board and CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,818,680.74

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.50 to $25.00, 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 · balance_after: Includes: (i) 3,548 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 6,080 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 4,350 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 6,932 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 933 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 91,779.74 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000044 · primary_doc.xml · nonDerivative · entry 1

MARTEN RANDOLPH L · CIK 0001253979 · Director · Chairman of the Board and CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,832,214.74

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Includes: (i) 3,548 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 6,080 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 4,350 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 6,932 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 933 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 91,779.74 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000039 · primary_doc.xml · nonDerivative · entry 3

HAGNESS LARRY B · CIK 0001253977 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 113,525

SEC source: 0001235802-20-000039 · primary_doc.xml · nonDerivative · entry 2

HAGNESS LARRY B · CIK 0001253977 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 119,775

SEC source: 0001235802-20-000043 · primary_doc.xml · derivative · entry 4

TURNER JOHN H · CIK 0001253983 · Exec. VP of Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,107

Underlying: Common Stock · 4,260 shares

Expires 2022-05-12

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: All shares are vested except for 5,567 shares that will vest on May 12, 2020.

SEC source: 0001235802-20-000043 · primary_doc.xml · nonDerivative · entry 3

TURNER JOHN H · CIK 0001253983 · Exec. VP of Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 69,728.12

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.145 to $25.185, 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 (3) to this Form 4.

F2 · balance_after: Includes: (i) 1,655 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 2,680 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 1,770 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 2,966 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 383 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 37,462.12 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000043 · primary_doc.xml · nonDerivative · entry 2

TURNER JOHN H · CIK 0001253983 · Exec. VP of Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 73,988.12

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · balance_after: Includes: (i) 1,655 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 2,680 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 1,770 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 2,966 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 383 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 37,462.12 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000039 · primary_doc.xml · nonDerivative · entry 1

HAGNESS LARRY B · CIK 0001253977 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 123,525

SEC source: 0001235802-20-000043 · primary_doc.xml · nonDerivative · entry 1

TURNER JOHN H · CIK 0001253983 · Exec. VP of Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 69,728.12

F1 · shares: These shares granted under a Performance Unit Award Agreement will vest in equal increments over five years beginning on December 31, 2020.

F2 · balance_after: Includes: (i) 1,655 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 2,680 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 1,770 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 2,966 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 383 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 37,462.12 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000042 · primary_doc.xml · nonDerivative · entry 1

MARTEN RANDOLPH L · CIK 0001253979 · Director · Chairman of the Board and CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,818,680.74

F1 · shares: These shares granted under a Performance Unit Award Agreement will vest in equal increments over five years beginning on December 31, 2020.

F2 · balance_after: Includes: (i) 3,548 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 6,080 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 4,350 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 6,932 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 933 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 91,779.74 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000041 · primary_doc.xml · nonDerivative · entry 1

KOHL TIMOTHY M · CIK 0001187222 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 205,777.31

F1 · shares: These shares granted under a Performance Unit Award Agreement will vest in equal increments over five years beginning on December 31, 2020.

F2 · balance_after: Includes: (i) 2,517 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 4,520 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 3,210 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 5,200 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 692 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 66,910.31 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000040 · primary_doc.xml · nonDerivative · entry 1

Hinnendael James J · CIK 0001348356 · Executive Vice President & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 104,499.2

F1 · shares: These shares granted under a Performance Unit Award Agreement will vest in equal increments over five years beginning on December 31, 2020.

F2 · balance_after: Includes: (i) 1,682 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2024; (ii) 2,720 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (iii) 2,130 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iv) 3,166 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (v) 392 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (vi) 38,497.20 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000038 · primary_doc.xml · nonDerivative · entry 1

Booth Ronald Richard · CIK 0001653470 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,833

SEC source: 0001235802-20-000037 · primary_doc.xml · nonDerivative · entry 1

IVERSON KATHLEEN P · CIK 0001220564 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,500

SEC source: 0001235802-20-000036 · primary_doc.xml · nonDerivative · entry 1

BAUER JERRY M · CIK 0001253975 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 74,916

SEC source: 0001235802-20-000035 · primary_doc.xml · nonDerivative · entry 1

WINKEL THOMAS J · CIK 0001204974 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,991

SEC source: 0001235802-20-000034 · primary_doc.xml · nonDerivative · entry 1

DEMOREST ROBERT L · CIK 0001239192 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,666

SEC source: 0001235802-20-000033 · primary_doc.xml · derivative · entry 6

KOHL TIMOTHY M · CIK 0001187222 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,000

Underlying: Common Stock · 14,586 shares

Expires 2022-05-12

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: All shares are vested except for 10,000 shares that will vest on May 12, 2020.

SEC source: 0001235802-20-000033 · primary_doc.xml · nonDerivative · entry 4

KOHL TIMOTHY M · CIK 0001187222 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 203,260.31

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.135 to $23.20, 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 (3) to this Form 4.

F1 · balance_after: Includes: (i) 4,520 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (ii) 3,210 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iii) 5,200 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (iv) 692 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (v) 66,910.31 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000033 · primary_doc.xml · nonDerivative · entry 3

KOHL TIMOTHY M · CIK 0001187222 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 217,846.31

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Includes: (i) 4,520 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (ii) 3,210 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iii) 5,200 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (iv) 692 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (v) 66,910.31 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000032 · primary_doc.xml · derivative · entry 3

MARTEN RANDOLPH L · CIK 0001253979 · Director · Chairman of the Board & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,534

Underlying: Common Stock · 10,003 shares

Expires 2022-05-12

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: All shares are vested except for 13,534 shares that will vest on May 12, 2020.

SEC source: 0001235802-20-000032 · primary_doc.xml · nonDerivative · entry 2

MARTEN RANDOLPH L · CIK 0001253979 · Director · Chairman of the Board & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,815,132.74

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.00 to $23.01, 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 · balance_after: Includes: (i) 6,080 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (ii) 4,350 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iii) 6,932 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (iv) 933 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (v) 91,779.74 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000032 · primary_doc.xml · nonDerivative · entry 1

MARTEN RANDOLPH L · CIK 0001253979 · Director · Chairman of the Board & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,822,632.74

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Includes: (i) 6,080 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (ii) 4,350 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iii) 6,932 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (iv) 933 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (v) 91,779.74 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000030 · primary_doc.xml · derivative · entry 9

MARTEN RANDOLPH L · CIK 0001253979 · Director · Chairman of the Board and CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,537

Underlying: Common Stock · 1,030 shares

Expires 2022-05-12

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: All shares are vested except for 13,534 shares that will vest on May 12, 2020.

SEC source: 0001235802-20-000030 · primary_doc.xml · nonDerivative · entry 6

MARTEN RANDOLPH L · CIK 0001253979 · Director · Chairman of the Board and CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,812,629.74

F1 · balance_after: Includes: (i) 6,080 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (ii) 4,350 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iii) 6,932 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (iv) 933 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (v) 91,779.74 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000030 · primary_doc.xml · nonDerivative · entry 5

MARTEN RANDOLPH L · CIK 0001253979 · Director · Chairman of the Board and CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,813,401.74

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Includes: (i) 6,080 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (ii) 4,350 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iii) 6,932 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (iv) 933 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (v) 91,779.74 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000030 · primary_doc.xml · derivative · entry 8

MARTEN RANDOLPH L · CIK 0001253979 · Director · Chairman of the Board and CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,567

Underlying: Common Stock · 19,500 shares

Expires 2022-05-12

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: All shares are vested except for 13,534 shares that will vest on May 12, 2020.

SEC source: 0001235802-20-000030 · primary_doc.xml · nonDerivative · entry 4

MARTEN RANDOLPH L · CIK 0001253979 · Director · Chairman of the Board and CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,812,371.74

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.00 to $23.26, 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 (3) to this Form 4.

F1 · balance_after: Includes: (i) 6,080 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (ii) 4,350 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iii) 6,932 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (iv) 933 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (v) 91,779.74 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000030 · primary_doc.xml · nonDerivative · entry 3

MARTEN RANDOLPH L · CIK 0001253979 · Director · Chairman of the Board and CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,826,996.74

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Includes: (i) 6,080 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (ii) 4,350 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iii) 6,932 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (iv) 933 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (v) 91,779.74 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000033 · primary_doc.xml · derivative · entry 5

KOHL TIMOTHY M · CIK 0001187222 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,586

Underlying: Common Stock · 25,414 shares

Expires 2022-05-12

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: All shares are vested except for 10,000 shares that will vest on May 12, 2020.

SEC source: 0001235802-20-000033 · primary_doc.xml · nonDerivative · entry 2

KOHL TIMOTHY M · CIK 0001187222 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 203,260.31

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.76 to $23.19, 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 · balance_after: Includes: (i) 4,520 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (ii) 3,210 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iii) 5,200 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (iv) 692 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (v) 66,910.31 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000033 · primary_doc.xml · nonDerivative · entry 1

KOHL TIMOTHY M · CIK 0001187222 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 228,674.31

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Includes: (i) 4,520 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (ii) 3,210 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iii) 5,200 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (iv) 692 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (v) 66,910.31 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000031 · primary_doc.xml · derivative · entry 3

TURNER JOHN H · CIK 0001253983 · Exec. VP of Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,367

Underlying: Common Stock · 10,466 shares

Expires 2022-05-12

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: All shares are vested except for 5,567 shares that will vest on May 12, 2020.

SEC source: 0001235802-20-000031 · primary_doc.xml · nonDerivative · entry 2

TURNER JOHN H · CIK 0001253983 · Exec. VP of Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 68,073.12

F1 · balance_after: Includes: (i) 2,680 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (ii) 1,770 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iii) 2,966 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (iv) 383 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (v) 37,462.12 shares that the reporting person has deferred under the Issuer's deferred compensation plan.

SEC source: 0001235802-20-000031 · primary_doc.xml · nonDerivative · entry 1

TURNER JOHN H · CIK 0001253983 · Exec. VP of Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 80,433.12

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Includes: (i) 2,680 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2023; (ii) 1,770 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2022; (iii) 2,966 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020 through 12/31/2021; (iv) 383 shares granted under a Performance Unit Award Agreement that vest on 12/31/2020; and (v) 37,462.12 shares that the reporting person has deferred under the Issuer's deferred compensation plan.