X0306 4 2016-02-04 0 0000799167 MARTEN TRANSPORT LTD MRTN 0001348356 Hinnendael James J 129 MARTEN STREET MONDOVI WI 54755 0 1 0 0 Ex. VP and CFO Common Stock 2016-02-04 4 M 0 18000 15.727 A 50415.66 D Common Stock 2016-02-04 4 S 0 18000 17.6999 D 32415.66 D Employee Stock Option (right to buy) 15.727 2016-02-04 4 M 0 18000 15.727 D 2016-03-01 Common Stock 18000 0 D Includes: (i) 1,175 shares granted under a Performance Unit Award Agreement that vest on 12/31/2015 through 12/31/2019; (ii) 960 shares granted under a Performance Unit Award Agreement that vest on 12/31/2015 through 12/31/2018, (iii) 1,080 shares granted under a Performance Unit Award Agreement that vest on 12/31/2015 through 12/31/2017, (iv) 360 shares granted under a Performance Unit Award Agreement that vest on 12/31/2015, (v) 705 shares granted under a Performance Unit Award Agreement that vest on 12/31/2015 through 12/31/2016 and (vi) 9,467.66 shares that the reporting person has deferred under the Issuer's deferred compensation plan. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.60 to $17.825, 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. This option has fully vested. /s/ James J. Hinnendael 2016-02-08