-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JWf8IDU/QFs2wavBJdKLgn269Bh8WY94L6PN/Waegm+3GGv1Hqh/roGgy+U8HD0q asgPq7quo8ywrxyO27jwEQ== 0001209191-08-066194.txt : 20081217 0001209191-08-066194.hdr.sgml : 20081217 20081217091225 ACCESSION NUMBER: 0001209191-08-066194 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20081215 FILED AS OF DATE: 20081217 DATE AS OF CHANGE: 20081217 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MARLIN BUSINESS SERVICES CORP CENTRAL INDEX KEY: 0001260968 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359] IRS NUMBER: 383686388 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 300 FELLOWSHIP ROAD CITY: MT. LAUREL STATE: NJ ZIP: 08054 BUSINESS PHONE: 8884799111 MAIL ADDRESS: STREET 1: 300 FELLOWSHIP ROAD CITY: MT. LAUREL STATE: NJ ZIP: 08054 FORMER COMPANY: FORMER CONFORMED NAME: MARLIN BUSINESS SERVICES INC DATE OF NAME CHANGE: 20030822 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DYER DANIEL P CENTRAL INDEX KEY: 0001268541 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-50448 FILM NUMBER: 081253771 MAIL ADDRESS: STREET 1: 124 GAITHER DRIVE STE 170 STREET 2: C/O MARLIN BUSINESS SERVICES CORP CITY: MOUNT LAURAL STATE: NJ ZIP: 08054 4 1 doc4.xml FORM 4 SUBMISSION X0303 4 2008-12-15 0 0001260968 MARLIN BUSINESS SERVICES CORP MRLN 0001268541 DYER DANIEL P C/O MARLIN BUSINESS SERVICES CORP. 300 FELLOWSHIP ROAD MOUNT LAUREL NJ 08054 1 1 0 0 Chief Executive Officer Common Stock 2008-12-15 4 A 0 40000 A 226317 D Option to Purchase Common Stock 17.52 2009-01-11 2012-01-10 Common Stock 21429 21429 D Option to Purchase Common Stock 4.23 2004-04-03 2010-04-03 Common Stock 28000 28000 D Option to Purchase Common Stock 10.18 2005-10-04 2011-10-04 Common Stock 51240 51240 D Option to Purchase Common Stock 3.39 2006-01-17 2012-01-17 Common Stock 14000 14000 D Option to Purchase Common Stock 3.39 2007-01-13 2013-01-13 Common Stock 7000 7000 D Option to Purchase Common Stock 10.18 2007-01-13 2013-01-13 Common Stock 6650 6650 D Option to Purchase Common Stock 18.80 2012-01-29 2014-01-28 Common Stock 20000 20000 D Option to Purchase Common Stock 21.60 2010-03-28 2013-03-28 Common Stock 8016 8016 D Option to Purchase Common Stock 21.60 2010-03-28 2013-03-28 Common Stock 12026 12026 D Option to Purchase Common Stock 20.77 2011-03-16 2014-03-16 Common Stock 9314 9314 D Option to Purchase Common Stock 20.77 2011-03-16 2014-03-16 Common Stock 12919 12919 D Option to Purchase Common Stock 9.52 2012-03-01 2015-03-01 Common Stock 22642 22642 D Option to Purchase Common Stock 9.52 2012-03-01 2015-03-01 Common Stock 31034 31034 D Represents a grant of restricted stock, and the restrictions on these shares shall lapse after three years from the transaction date (i.e., shall lapse on 12/15/2011). N/A Includes 900 shares acquired under the Marlin Business Services Corp. 2003 Employee Stock Purchase Plan on June 30, 2008. Includes a total of 76,398 shares of restricted stock where, as of the date of this filing, the restrictions have not yet lapsed. Date listed is the date of full vesting. Each grants vests 25% per year beginning on the first anniversary of the date of grant. Date listed is date of scheduled full vesting. This grant vests over an eight year period at the following annual increments: 2.5% in first year; 5.0% in second year; 7.5% in third year; 10.0% in fourth year; 15.0% in fifth year; and 20.0% in each of the sixth, seventh and eighth years. Vesting can be accelerated upon the reporting person's achievement of certain performance goals set forth in the grant instrument. 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; 4,008; 8,017; or 12,026. 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; 4,306; 8,612; or 12,919. 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; 10,345; 20,689; or 31,034. /s/ George D. Pelose Attorney in Fact 2008-12-17 -----END PRIVACY-ENHANCED MESSAGE-----