X0306 4 2019-08-02 0 0001260968 MARLIN BUSINESS SERVICES CORP MRLN 0001399886 Teets John Christopher C/O RED MOUNTAIN CAPITAL PARTNERS LLC, 10100 SANTA MONICA BOULEVARD, SUITE 925 LOS ANGELES CA 90067 1 0 0 0 Common Stock 2019-08-02 4 A 0 2587 0.00 A 30449 D Represents grant of restricted stock as part of the Company's Director compensation plan. The restrictions on these shares shall lapse upon the earlier of (i) seven years from the grant date and (ii) six months following the Director's termination of Board service. Includes shares of restricted stock where, as of the date of this filing, the restrictions have not yet lapsed. /s/ Edward R. Dietz, Attorney-in-Fact 2019-08-07