Filing Details

Accession Number:
0001209191-13-015650
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-03-11 17:35:39
Reporting Period:
2013-03-07
Filing Date:
2013-03-11
Accepted Time:
2013-03-11 17:35:39
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1260968 Marlin Business Services Corp MRLN State Commercial Banks (6022) 383686388
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1560862 John Edward Siciliano 343 Christopher Street
Princeton NJ 08540
Chief Sales Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-03-07 700 $9.52 92,671 No 4 M Direct
Common Stock Disposition 2013-03-07 700 $21.25 91,971 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Option To Purchase Common Stock Option to Purchase Common Stock Disposition 2013-03-07 700 $0.00 7,862 $9.52
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,000 2012-03-01 2015-03-01 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Option To Purchase Common Stock Option to Purchase Common Stock $14.37 2011-10-08 2014-10-08 1,325 1,325 Direct
Option To Purchase Common Stock Option to Purchase Common Stock $9.52 2012-03-01 2015-03-01 10,776 10,776 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2014-10-08 1,325 1,325 Direct
2015-03-01 10,776 10,776 Direct
Footnotes
  1. Includes a total of 39,134 shares of restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.
  2. Represents average price per share.
  3. Date listed is the date of full vesting. Each grants vests 25% per year beginning on the first anniversary of the date of grant.
  4. N/A
  5. Represents the date the options will cliff vest if certain four year average EPS growth targets are achieved.
  6. Represents the maximum number of options that may vest under this performance option grant. Vesting will be determined by EPS growth rates averaged over a four year performance period. Depending on the average EPS growth rate achieved for the four year period, the number of shares that vest at the end of the four year period could be 0; 3,592; 7,184; or 10,776.