0001209191-13-043914.txt : 20130911
0001209191-13-043914.hdr.sgml : 20130911
20130911195218
ACCESSION NUMBER: 0001209191-13-043914
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130909
FILED AS OF DATE: 20130911
DATE AS OF CHANGE: 20130911
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MARLIN BUSINESS SERVICES CORP
CENTRAL INDEX KEY: 0001260968
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
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: PELOSE GEORGE D
CENTRAL INDEX KEY: 0001268540
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-50448
FILM NUMBER: 131091958
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
X0306
4
2013-09-09
0
0001260968
MARLIN BUSINESS SERVICES CORP
MRLN
0001268540
PELOSE GEORGE D
C/O MARLIN BUSINESS SERVICES CORP.
300 FELLOWSHIP ROAD
MOUNT LAUREL
NJ
08054
0
1
0
0
Chief Operating Officer
Common Stock
2013-09-09
4
M
0
13539
9.52
A
184435
D
Common Stock
2013-09-09
4
S
0
8305
25.762
D
176130
D
Common Stock
2013-09-09
4
M
0
22011
12.41
A
198141
D
Common Stock
2013-09-09
4
S
0
15025
25.762
D
183116
D
Option to Purchase Common Stock
12.41
2013-09-09
4
M
0
22011
D
2014-05-24
2017-05-24
Common Stock
29348
7337
D
Option to Purchase Common Stock
12.41
2013-05-24
2017-05-24
Common Stock
6616
6616
D
Option to Purchase Common Stock
9.52
2013-09-09
4
M
0
13539
D
2012-03-01
2015-03-01
Common Stock
17394
0
D
Option to Purchase Common Stock
9.52
2012-03-01
2015-03-01
Common Stock
23842
23842
D
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.
/s/ George D. Pelose
2013-09-11