Home/Filings/4/0001209191-13-027426
4//SEC Filing

PELOSE GEORGE D 4

Accession 0001209191-13-027426

CIK 0001260968other

Filed

May 16, 8:00 PM ET

Accepted

May 17, 9:38 PM ET

Size

11.3 KB

Accession

0001209191-13-027426

Insider Transaction Report

Form 4
Period: 2013-05-15
PELOSE GEORGE D
Chief Operating Officer
Transactions
  • Sale

    Common Stock

    2013-05-15$23.90/sh13,059$312,149178,156 total
Holdings
  • Option to Purchase Common Stock

    Exercise: $12.41From: 2013-05-24Exp: 2017-05-24Common Stock (6,616 underlying)
    6,616
  • Option to Purchase Common Stock

    Exercise: $12.41From: 2014-05-24Exp: 2017-05-24Common Stock (29,348 underlying)
    29,348
  • Option to Purchase Common Stock

    Exercise: $9.52From: 2012-03-01Exp: 2015-03-01Common Stock (17,394 underlying)
    13,539
  • Option to Purchase Common Stock

    Exercise: $9.52From: 2012-03-01Exp: 2015-03-01Common Stock (23,842 underlying)
    23,842
Footnotes (6)
  • [F1]Includes a total of 51,507 shares of restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.
  • [F2]Date listed is the date of full vesting. Vests 25% per year beginning on the first anniversary of the date of grant.
  • [F3]Represents the date the options will cliff vest if certain four year average EPS growth targets are achieved.
  • [F4]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; 2,205; 4,410; or 6,616.
  • [F5]Date listed is the date of full vesting. Each grants vests 25% per year beginning on the first anniversary of the date of grant.
  • [F6]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; 7,947; 15,895; or 23,842.

Issuer

MARLIN BUSINESS SERVICES CORP

CIK 0001260968

Entity typeother

Related Parties

1
  • filerCIK 0001268540

Filing Metadata

Form type
4
Filed
May 16, 8:00 PM ET
Accepted
May 17, 9:38 PM ET
Size
11.3 KB