0001209191-14-022213.txt : 20140320
0001209191-14-022213.hdr.sgml : 20140320
20140320164455
ACCESSION NUMBER: 0001209191-14-022213
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140318
FILED AS OF DATE: 20140320
DATE AS OF CHANGE: 20140320
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: 14707207
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
2014-03-18
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
2014-03-18
4
S
0
1400
22.9575
D
358810
D
Common Stock
2014-03-19
4
S
0
1400
23.1147
D
357410
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 66,928 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
2014-03-20