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