X0306
4
2013-12-05
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
2013-12-05
4
S
0
2000
23.1654
D
370821
D
Common Stock
2013-12-06
4
S
0
2000
23.6316
D
368821
D
Common Stock
2013-12-09
4
S
0
3657
23.1187
D
365164
D
Option to Purchase Common Stock
12.41
2014-05-24
2017-05-24
Common Stock
39912
19956
D
Option to Purchase Common Stock
12.41
2013-05-24
2017-05-24
Common Stock
8612
8612
D
Option to Purchase Common Stock
9.52
2012-03-01
2015-03-01
Common Stock
31034
31034
D
Represents average price per share.
Includes a total of 88,690 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. Vests 25% per year beginning on the first anniversary of the date of grant.
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; 2,870; 5,741; or 8,612.
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
2013-12-09