4//SEC Filing
SHIVERS GARY R 4
Accession 0001209191-05-035148
CIK 0001260968other
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 4:29 PM ET
Size
16.3 KB
Accession
0001209191-05-035148
Insider Transaction Report
Form 4
SHIVERS GARY R
DirectorPresident
Transactions
- Other
Common Stock
2005-06-30−59,583→ 182,470 total
Holdings
- 6,650
Option to Purchase Common Stock
Exercise: $10.18From: 2007-01-13Exp: 2013-01-13→ Common Stock (6,650 underlying) - 28,000
Option to Purchase Common Stock
Exercise: $4.23From: 2004-04-03Exp: 2010-04-03→ Common Stock (28,000 underlying) - 14,000
Option to Purchase Common Stock
Exercise: $3.39From: 2006-01-17Exp: 2012-01-17→ Common Stock (14,000 underlying) - 14,881
Option to Purchase Common Stock
Exercise: $17.52From: 2009-01-11Exp: 2012-01-10→ Common Stock (14,881 underlying) - 31,500
Option to Purchase Common Stock
Exercise: $1.91From: 2001-10-01Exp: 2007-10-01→ Common Stock (31,500 underlying) - 15,000
Option to Purchase Common Stock
Exercise: $18.80From: 2012-01-29Exp: 2014-01-28→ Common Stock (15,000 underlying) - 51,240
Option to Purchase Common Stock
Exercise: $10.18From: 2005-10-04Exp: 2011-10-04→ Common Stock (51,240 underlying) - 7,000
Option to Purchase Common Stock
Exercise: $3.39From: 2007-01-13Exp: 2013-01-13→ Common Stock (7,000 underlying)
Footnotes (5)
- [F1]Exchange of shares of Common Stock for units of limited partnership interests in an exchange fund.
- [F2]The shares of Common Stock were exchanged into the exchange fund using a per share value of $20.14.
- [F3]Includes a total of 24,724 shares of restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.
- [F4]Date listed is the date of full vesting. Each grants vests 25% per year beginning on the first anniversary of the date of grant.
- [F5]Date listed is date of scheduled full vesting. This grant vests over an eight year period at the following annual increments: 2.5% in first year; 5.0% in second year; 7.5% in third year; 10.0% in fourth year; 15.0% in fifth year; and 20.0% in each of the sixth, seventh and eighth years. Vesting can be accelerated upon the reporting person's achievement of certain performance goals set forth in the grant instrument.
Documents
Issuer
MARLIN BUSINESS SERVICES CORP
CIK 0001260968
Entity typeother
Related Parties
1- filerCIK 0001268539
Filing Metadata
- Form type
- 4
- Filed
- Jul 4, 8:00 PM ET
- Accepted
- Jul 5, 4:29 PM ET
- Size
- 16.3 KB