X0303 4 2011-03-01 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 2011-03-01 4 A 0 66502 A 434642 D Option to Purchase Common Stock 12.41 2014-05-24 2017-05-24 Common Stock 39912 39912 D Option to Purchase Common Stock 12.41 2013-05-24 2017-05-24 Common Stock 8612 8612 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 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 grants of restricted stock as part of long term incentive plan. This grant consists of: (i) 49,876 restricted performance shares where the restrictions will lapse seven years after the grant date, subject to accelerated lapsing over the three year period following the grant date if certain performance conditions are met; (ii) 8,313 restricted shares where the restrictions will lapse over the four year period following the grant date on a pro-rata basis (25% per year); and (iii) 8,313 matching grant of restricted shares pursuant to a management stock ownership plan where the restrictions will lapse ten years after the grant date, subject to acclerated lapsing if the Reporting Person maintains ownership of at least a comparable number of unrestricted shares for three years after the grant date. N/A Includes a total of 281,946 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. 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; 10,345; 20,689; or 31,034. /s/ George D. Pelose Attorney in Fact 2011-03-03