X0306 4 2013-11-27 0 0000799167 MARTEN TRANSPORT LTD MRTN 0001253980 NASH TIMOTHY P 129 MARTEN STREET MONDOVI WI 54755 0 1 0 0 Exec. VP of Sales & Marketing Common Stock 2013-11-27 4 M 0 10000 11.68 A 29136.7 D Common Stock 2013-11-27 4 S 0 10000 19.5 D 19136.7 D Stock Option (right to buy) 11.68 2013-11-27 4 M 0 10000 11.68 D 2015-05-06 Common Stock 10000 8000 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.50 to $19.55, 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 this footnote (1) to this Form 4. Includes: (i) 2,325 shares granted under a Performance Unit Award Agreement that vest on 12/31/2013 through 12/31/2017, (ii) 1,350 shares granted under a Performance Unit Award Agreement that vest on 12/31/2013 through 12/31/2014, (iii) 1,350 shares granted under a Performance Unit Award Agreement that vest on 12/31/2013 through 12/31/2015, (iv) 1,710 shares granted under a Performance Unit Award Agreement that vest on 12/31/2013 through 12/31/2016 and (v) 7,531.70 shares that the reporting person has deferred under the Issuer's deferred compensation plan. This option has fully vested. /s/ James J. Hinnendael, attorney-in-fact 2013-11-27