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UNITED STATES [SEAL]
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
Marten Transport, Ltd.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
573075 10 8
------------------------------------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement / /. ( A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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CUSIP No. 573075 10 8 13G Page 2 of 12 Pages
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1 NAME OF REPORTING PERSON
SS or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Estate of Roger R. Marten
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /X/
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5 SOLE VOTING POWER
NUMBER OF None
-----------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 1,735,100
-----------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON None
WITH -----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,735,100
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,735,100
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10 CHECK BOX OF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
59.2%
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12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP No. 573075 10 8 13G Page 3 of 12 Pages
-------------- ----- -----
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1 NAME OF REPORTING PERSON
SS or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Randolph L. Marten
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /X/
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5 SOLE VOTING POWER
NUMBER OF None
-----------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 1,735,100
-----------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON None
WITH -----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,735,100
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,735,100
- --------------------------------------------------------------------------------
10 CHECK BOX OF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
59.2%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
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CUSIP No. 573075 10 8 13G Page 4 of 12 Pages
-------------- ----- -----
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1 NAME OF REPORTING PERSON
SS or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Darrell D. Rubel
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /X/
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5 SOLE VOTING POWER
NUMBER OF None
-----------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 1,735,100
-----------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON None
WITH -----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,735,100
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,735,100
- --------------------------------------------------------------------------------
10 CHECK BOX OF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
59.2%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
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CUSIP No. 573075 10 8 13G Page 5 of 12 Pages
-------------- ----- -----
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1 NAME OF REPORTING PERSON
SS or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Marten Voting Trust
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /X/
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Wisconsin
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5 SOLE VOTING POWER
NUMBER OF None
-----------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 1,735,100
-----------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON None
WITH -----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,735,100
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,735,100
- --------------------------------------------------------------------------------
10 CHECK BOX OF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
59.2%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
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CUSIP No. 573075 10 8 13G Page 6 of 12 Pages
-------------- ----- -----
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1 NAME OF REPORTING PERSON
SS or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
G. Scott Nicastro
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /X/
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF None
-----------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 1,735,100
-----------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON None
WITH -----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,735,100
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,735,100
- --------------------------------------------------------------------------------
10 CHECK BOX OF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
59.2%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
This Schedule 13G is being filed on behalf of the Estate of Roger R.
Marten, Randolph L. Marten, Darrell D. Rubel, G. Scott Nicastro and the Marten
Voting Trust pursuant to Rule 13d-1(f) under the Securities Exchange Act of 1934
because the same securities are beneficially owned by each of them. The
agreement of the parties that this statement shall be filed on behalf of each of
them is attached to this statement as Exhibit A.
ITEM 1(a) NAME OF ISSUER:
Marten Transport, Ltd.
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL
EXECUTIVE OFFICES:
129 Marten Street
Mondovi, Wisconsin 54755
ITEM 2(a) NAME OF PERSONS FILING:
Estate of Roger R. Marten
Randolph L. Marten
Darrell D. Rubel
G. Scott Nicastro
Marten Voting Trust
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS
OFFICE OR, IF NONE, RESIDENT:
For all persons filing, except G. Scott Nicastro
129 Marten Street
Mondovi, Wisconsin 54755
For G. Scott Nicastro:
715 South Barstow Street
Post Office Box 1030
Eau Claire, WI 54702-1030
ITEM 2(c) CITIZENSHIP:
For all persons filing, except the
Marten Voting Trust:
United States.
The Marten Voting Trust is organized under
Wisconsin law.
ITEM 2(d) TITLE OF CLASS OF SECURITIES:
Common Stock, par value $.01 per share
Page 7 of 12 Pages
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ITEM 2(e) CUSIP NUMBER:
573075 10 8
ITEM 3 IF THIS STATEMENT IS FILED PURSUANT TO
RULES 13d-1(b), OR 13d-2(b), CHECK
WHETHER THE PERSON FILING IS A:
Not Applicable.
ITEM 4 OWNERSHIP:
(a) Amount Beneficially Owned:
Each of the persons filing this statement is the direct or
indirect beneficial owner of 1,735,100 shares.
(b) Percent of Class: 59.2%
(c) Number of shares as to which such person has
(i) sole power to vote or to direct the vote:
Estate of Roger R. Marten - None
Randolph L. Marten - None
Darrell D. Rubel - None
G. Scott Nicastro - None
Marten Voting Trust - None
(ii) shared power to vote or to direct the vote:
Estate of Roger R. Marten - 1,735,100 (1)
Randolph L. Marten - 1,735,100 (1)
Darrell D. Rubel - 1,735,100 (1)
G. Scott Nicastro - 1,735,100 (1)
Marten Voting Trust - 1,735,100 (1)
(iii) sole power to dispose or to direct the
disposition of:
Estate of Roger R. Marten - None
Randolph L. Marten - None
Darrell D. Rubel - None
G. Scott Nicastro - None
Marten Voting Trust - None
Page 8 of 12 Pages
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(iv) shared power to dispose or to direct the disposition of:
Estate of Roger R. Marten - 1,735,100 (1)(2)
Randolph L. Marten - 1,735,100 (1)(2)
Darrell D. Rubel - 1,735,100 (1)(2)
G. Scott Nicastro - 1,735,100 (1)
Marten Voting Trust - 1,735,100 (1)
(1) Includes 880,100 shares placed into the Marten Voting
Trust by Roger R. Marten and 855,000 shares placed into
the Marten Voting Trust by Randolph L. Marten. The Marten
Voting Trust was created by a Voting Trust Agreement dated
February 14, 1983, as amended, pursuant to which Randolph
L. Marten, Darrell D. Rubel and G. Scott Nicastro were
appointed trustees to vote all of the shares subject to
the trust, except that without the consent of each
beneficial owner of the shares to be voted the trustees
may not vote on any increase in the authorized capital
stock of the Issuer, the sale, lease or exchange of all or
substantially all of the assets of the Issuer, the
consolidation or merger of the Issuer with or into any
other corporation or the dissolution of the Issuer. Any
action to be taken by the trustees pursuant to the Marten
Voting Trust requires the affirmative vote of a majority
of the trustees. The Voting Trust Agreement will expire
on December 31, 2012, unless earlier terminated by the
trustees or the beneficial holders of all of the Common
Stock held pursuant to the trust. Effective May 4, 1993,
Randolph L. Marten, as subscriber, and Randolph L. Marten,
Darrell D. Rubel and G. Scott Nicastro, as trustees,
entered an Agreement Regarding Voting Trust Agreement,
which becomes effective if the Voting Trust Agreement
terminates for any reason. This Agreement covers all
shares owned by Randolph L. Marten on May 4, 1993 and any
shares he acquires after that date, contains the same
provisions regarding the voting of shares as the Voting
Trust Agreement and also expires on December 31, 2012.
(2) Roger R. Marten and Randolph L. Marten (together, the
"Shareholders") and Darrell D. Rubel have entered into a
Stock Restriction Agreement pursuant to which each of the
Shareholders has agreed not to voluntarily or
involuntarily dispose of any of his shares of Common Stock
or interests under the Voting Trust Agreement without the
written consent of the other Shareholder. If either of
the Shareholders (or in the case of Roger R. Marten, his
estate) wishes to dispose of any of his shares, he must
give first the other Shareholder and then the Issuer a
right of first refusal to purchase the shares at the lower
of the price offered by the proposed transferee or a
purchase price determined pursuant to the Stock
Restriction Agreement. Upon a bankruptcy of the
Shareholders, or any levy against any of the shares of
Common Stock, the right of first refusal must also be
given first to the other Shareholder and then to the
Issuer. The trustees of the Marten Voting Trust have
agreed to cooperate with the shareholders and the Issuer
in effectuating the purposes of the Stock Restriction
Agreement.
ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Not Applicable.
Page 9 of 12 Pages
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ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF
OF ANOTHER PERSON:
The Estate of Roger R. Marten and Randolph L. Marten have the right to
receive or the power to direct the receipt of dividends from, or the
proceeds from the sale of, 880,100 shares and 855,000 shares,
respectively. Roger R. Marten and Randolph L. Marten have each
transferred such shares to the Marten Voting Trust, of which Randolph
L. Marten, Darrell D. Rubel and G. Scott Nicastro are voting trustees
with the power to vote such shares (see Item 4(c)).
ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE
SUBSIDIARY WHICH ACQUIRED THE SECURITY
BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
Not Applicable.
ITEM 8 IDENTIFICATION AND CLASSIFICATION
OF MEMBERS OF THE GROUP:
Not Applicable.
ITEM 9 NOTICE OF DISSOLUTION OF GROUP:
Not Applicable.
ITEM 10 CERTIFICATION:
Not Applicable.
Page 10 of 12 Pages
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: April 26, 1995.
ESTATE OF ROGER MARTEN
By: /s/ Darrell D. Rubel
- ------------------------------
/s/ Randolph L. Marten
- ------------------------------
Randolph L. Marten
/s/ Darrell D. Rubel
- ------------------------------
Darrell D. Rubel
/s/ G. Scott Nicastro
- ------------------------------
G. Scott Nicastro
MARTEN VOTING TRUST
By: /s/ Randolph L. Marten
--------------------------------
Randolph L. Marten, Trustee
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Exhibit A to
Schedule 13G
AGREEMENT REGARDING FILING
OF SCHEDULE 13G
The undersigned parties hereby agree that a joint statement on Schedule 13G
shall be filed on behalf of each of them with respect to 1,735,100 shares of the
Common Stock, par value $.01 per share, of Marten Transport, Ltd. in which each
of them has an interest. The Estate of Roger R. Marten, Randolph L. Marten,
Darrell D. Rubel and G. Scott Nicastro as all of the trustees under the Marten
Voting Trust, hereby authorize and direct Randolph L. Marten to execute and
deliver on behalf of the Marten Voting Trust this Agreement, the Schedule 13G
referred to herein and any and all amendments thereto.
Dated: April 26, 1995.
ESTATE OF ROGER MARTEN
By: /s/ Darrell D. Rubel
- ------------------------------
/s/ Randolph L. Marten
- ------------------------------
Randolph L. Marten
/s/ Darrell D. Rubel
- -------------------------
Darrell D. Rubel
/s/ G. Scott Nicastro
- -------------------------
G. Scott Nicastro
MARTEN VOTING TRUST
By: /s/ Randolph L. Marten
--------------------------------
Randolph L. Marten, Trustee
Page 12 of 12 Pages
