0001209191-14-018992.txt : 20140310
0001209191-14-018992.hdr.sgml : 20140310
20140310175253
ACCESSION NUMBER: 0001209191-14-018992
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20140305
FILED AS OF DATE: 20140310
DATE AS OF CHANGE: 20140310
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: DYER DANIEL P
CENTRAL INDEX KEY: 0001268541
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-50448
FILM NUMBER: 14682178
MAIL ADDRESS:
STREET 1: 124 GAITHER DRIVE STE 170
STREET 2: C/O MARLIN BUSINESS SERVICES CORP
CITY: MOUNT LAURAL
STATE: NJ
ZIP: 08054
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2014-03-05
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
2014-03-05
4
S
0
1400
22.0114
D
362011
D
Common Stock
2014-03-09
4
F
0
924
22.26
D
361087
D
Option to Purchase Common Stock
12.41
2014-05-24
2017-05-24
Common Stock
39912
19956
D
Option to Purchase Common Stock
12.41
2013-05-24
2017-05-24
Common Stock
8612
8612
D
Option to Purchase Common Stock
9.52
2012-03-01
2015-03-01
Common Stock
31034
31034
D
The sale of shares of Marlin Business Services Corp. reported on this Form 4 was executed pursuant to a written plan adopted by the reporting person on December 13, 2013, that is intended to comply with Rule 10b5-1(c) of the Securities and Exchange Act of 1934.
Represents average price per share.
Includes a total of 72,309 shares of restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.
Includes 900 shares acquired under the Marlin Business Services Corp. 2003 Employee Stock Purchase Plan on June 30, 2013.
Represents the delivery of shares to pay the tax liability associated with the vesting of certain shares of restricted stock.
Includes a total of 69,549 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.
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/ Edward R. Dietz
Attorney in Fact
2014-03-10
EX-24.4_513395
2
poa.txt
POA DOCUMENT
MARLIN BUSINESS SERVICES CORP.
LIMITED POWER OF ATTORNEY FOR SECTION 16 REPORTING
The undersigned hereby constitutes and appoints each of Edward R. Dietz and
Karen L. Shields, signing individually, the undersigned's true and lawful
attorney-in-fact to prepare, execute, deliver and file for and on behalf of the
undersigned, in the undersigned's capacity as an officer and/or director of
Marlin Business Services Corp. (the "Company"), Forms 3, 4, and 5 (including any
amendments to such Forms, whether filed prior to or after the date of this Power
of Attorney) with respect to the securities of the Company in accordance with
Section 16(a) of the Securities Exchange Act of 1934, as amended, and the rules
thereunder.
The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever requisite,
necessary, or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might or
could do if personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that such attorney-in-fact shall lawfully do
or cause to be done by virtue of this Power of Attorney and the rights and
powers herein granted.
The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in
such capacity at the request of the undersigned, are not assuming, nor is the
Company assuming, any of the undersigned's responsibilities to comply with
Section 16(a) of the Securities Exchange Act of 1934, as amended, and the rules
thereunder.
This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4, and 5 with respect to the
undersigned's holdings of and transactions in securities issued by the Company,
unless earlier revoked by the undersigned in a signed writing delivered to the
foregoing attorneys-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 10th day of March, 2014.
/s/ Daniel P. Dyer
Signature
Daniel P. Dyer
Print Name