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Filing Details

Accession Number:: 0001209191-15-015562
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-02-18 18:30:30
Reporting Period:: 2014-12-22

Filing Date:: 2015-02-18
Accepted Time:: 2015-02-18 18:30:30
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
1276033	J Matthew Sullivan	C/O Marlin Business Services Corp. 300 Fellowship Road Mount Laurel NJ 08054		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2014-12-22	1,705,317	$20.00	439,465	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnote

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	19,844	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Option to Purchase Common Stock	$7.17	2010-10-28	2016-10-28	2,041	2,041	Direct
Common Stock	Option to Purchase Common Stock	$7.66	2009-06-02	2015-06-02	3,704	3,704	Direct
Common Stock	Option to Purchase Common Stock	$7.61	2012-04-17	2015-04-17	5,000	5,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2016-10-28	2,041	2,041	Direct
2015-06-02	3,704	3,704	Direct
2015-04-17	5,000	5,000	Direct

Footnotes

Includes 19,844 restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.
Represents shares transferred in a private sale.
The 439,465 reported shares were received in a pro rata distribution on January 14, 2015 of the 604,617 shares remaining after the private sale reported in Note (2) by WCI (Private Equity) LLC, whose sole manager is Peachtree Equity Investment Management, Inc. (the "Manager"). The reporting person is one of the directors of the Manager and could be deemed to be an indirect holder of such shares.
The 439,465 reported shares are owned by WCI Peachtree Carried Interest Partner, L.P., whose general partner is Peachtree Equity Management, LLC (the "General Partner"). The reporting person is the Managing Director of the General Partner and could be deemed to be an indirect holder of the reported shares. The reporting person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that he is the beneficial owner or these shares for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein.
Grant of options made pursuant to the Company's Director compensation plan. Date listed is the date of full vesting (which is one year from the date of grant). The options cliff vest on the first anniversary of the grant date.
Grant of options made pursuant to the Company's Director compensation plan. Date listed is the date of full vesting. Each grant vests 25% per year beginning on the first anniversary of the date of grant.