0001209191-14-042030.txt : 20140624
0001209191-14-042030.hdr.sgml : 20140624
20140617165227
ACCESSION NUMBER: 0001209191-14-042030
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140613
FILED AS OF DATE: 20140617
DATE AS OF CHANGE: 20140617
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: Siciliano Edward John
CENTRAL INDEX KEY: 0001560862
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-50448
FILM NUMBER: 14925821
MAIL ADDRESS:
STREET 1: 343 CHRISTOPHER DRIVE
CITY: PRINCETON
STATE: NJ
ZIP: 08540
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2014-06-13
0
0001260968
MARLIN BUSINESS SERVICES CORP
MRLN
0001560862
Siciliano Edward John
343 CHRISTOPHER STREET
PRINCETON
NJ
08540
0
1
0
0
Chief Sales Officer
Common Stock
2014-06-13
4
A
0
11386
A
86702
D
Option to Purchase Common Stock
9.52
2012-03-01
2015-03-01
Option to Purchase Common Stock
10776
10776
D
Represents grants of restricted stock as part of long term incentive plan. This grant consists of: (i) 4,554 restricted shares where the restrictions will lapse on a pro-rata basis (25% per year) on each anniversary of February 14, 2014 and (ii) 6,832 restricted performance shares where the restrictions will lapse on February 14, 2021, subject to accelerated lapsing over the three year period beginning with February 14, 2014 if certain performance conditions are met.
N/A
Includes a total of 31,179 shares of restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.
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; 3,592; 7,184; or 10,776.
/s/ Edward R. Dietz, Attorney in Fact
2014-06-17