0001209191-11-061817.txt : 20111216 0001209191-11-061817.hdr.sgml : 20111216 20111216170953 ACCESSION NUMBER: 0001209191-11-061817 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111215 FILED AS OF DATE: 20111216 DATE AS OF CHANGE: 20111216 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DYER DANIEL P CENTRAL INDEX KEY: 0001268541 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-50448 FILM NUMBER: 111267184 MAIL ADDRESS: STREET 1: 124 GAITHER DRIVE STE 170 STREET 2: C/O MARLIN BUSINESS SERVICES CORP CITY: MOUNT LAURAL STATE: NJ ZIP: 08054 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 4 1 doc4.xml FORM 4 SUBMISSION X0304 4 2011-12-15 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 2011-12-15 4 F 0 16929 13.05 D 406389 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 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 the delivery of shares to pay the tax liability associated with the vesting of certain shares of restricted stock. Includes a total of 203,966 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 2011-12-16