Filing Details
- Accession Number:
- 0001209191-13-043914
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-09-11 19:52:18
- Reporting Period:
- 2013-09-09
- Filing Date:
- 2013-09-11
- Accepted Time:
- 2013-09-11 19:52:18
- 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 |
---|---|---|---|---|---|---|---|
1268540 | D George Pelose | C/O Marlin Business Services Corp. 300 Fellowship Road Mount Laurel NJ 08054 | Chief Operating 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 | 2013-09-09 | 13,539 | $9.52 | 184,435 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-09-09 | 8,305 | $25.76 | 176,130 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2013-09-09 | 22,011 | $12.41 | 198,141 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-09-09 | 15,025 | $25.76 | 183,116 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Option to Purchase Common Stock | Disposition | 2013-09-09 | 22,011 | $0.00 | 29,348 | $12.41 |
Common Stock | Option to Purchase Common Stock | Disposition | 2013-09-09 | 13,539 | $0.00 | 17,394 | $9.52 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
7,337 | 2014-05-24 | 2017-05-24 | No | 4 | M | Direct |
0 | 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 |
---|---|---|---|---|---|---|---|
Common Stock | Option to Purchase Common Stock | $12.41 | 2013-05-24 | 2017-05-24 | 6,616 | 6,616 | Direct |
Common Stock | Option to Purchase Common Stock | $9.52 | 2012-03-01 | 2015-03-01 | 23,842 | 23,842 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2017-05-24 | 6,616 | 6,616 | Direct |
2015-03-01 | 23,842 | 23,842 | Direct |
Footnotes
- Includes a total of 51,507 shares of restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.
- Represents average price per share.
- Date listed is the date of full vesting. Vests 25% per year beginning on the first anniversary of the date of grant.
- N/A
- Represents the date the options will cliff vest if certain four year average EPS growth targets are achieved.
- 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; 2,205; 4,410; or 6,616.
- Date listed is the date of full vesting. Each grants vests 25% per year beginning on the first anniversary of the date of grant.
- 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; 7,947; 15,895; or 23,842.