X0304 4 2012-03-01 0 0001260968 MARLIN BUSINESS SERVICES CORP MRLN 0001365206 WILSON LYNNE C C/O MARLIN BUSINESS SERVICES CORP. 300 FELLOWSHIP ROAD MOUNT LAUREL NJ 08054 0 1 0 0 Chief Financial Officer Common Stock 2012-03-01 4 F 0 149 15.61 D 85646 D Option to Purchase Common Stock 12.41 2014-05-24 2017-05-24 Common Stock 3952 3952 D Option to Purchase Common Stock 12.41 2013-05-24 2017-05-24 Common Stock 3196 3196 D Option to Purchase Common Stock 9.52 2012-03-01 2015-03-01 Common Stock 8948 8948 D Option to Purchase Common Stock 9.52 2012-03-01 2012-03-01 Common Stock 12265 12265 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 38,559 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 diluted EPS compounded average growth rate targets are achieved. Represents the maximum number of options that may vest under this performance option grant. Vesting will be determined by diluted EPS compounded average growth rates over a four year performance period. Depending on the diluted EPS compounded average growth rate achieved for the four year period, the number of options that vest at the end of the four year period could be 0; 1,065; 2,130; or 3,196. Date listed is date of full vesting. This grant vests 25% per year beginning on the first anniversary of the grant date. Represents the maximum number of options that may vest under this performance option grant. Vesting will be determined by diluted EPS growth rates averaged over a four year performance period. Depending on the average diluted 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; 4,088; 8,177; or 12,265. /s/ George D. Pelose Attorney-in-fact 2012-03-05