4//SEC Filing
MARLIN BUSINESS SERVICES CORP 4
Accession 0001209191-13-031728
CIK 0001260968operating
Filed
Jun 10, 8:00 PM ET
Accepted
Jun 11, 9:34 PM ET
Size
12.9 KB
Accession
0001209191-13-031728
Insider Transaction Report
Form 4
PELOSE GEORGE D
Chief Operating Officer
Transactions
- Sale
Common Stock
2013-06-07$23.80/sh−100$2,380→ 174,919 total - Sale
Common Stock
2013-06-10$24.39/sh−4,023$98,121→ 170,896 total
Holdings
- 13,539
Option to Purchase Common Stock
Exercise: $9.52From: 2012-03-01Exp: 2015-03-01→ Common Stock (17,394 underlying) - 6,616
Option to Purchase Common Stock
Exercise: $12.41From: 2013-05-24Exp: 2017-05-24→ Common Stock (6,616 underlying) - 23,842
Option to Purchase Common Stock
Exercise: $9.52From: 2012-03-01Exp: 2015-03-01→ Common Stock (23,842 underlying) - 29,348
Option to Purchase Common Stock
Exercise: $12.41From: 2014-05-24Exp: 2017-05-24→ Common Stock (29,348 underlying)
Footnotes (7)
- [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]Represents average price per share.
- [F3]Date listed is the date of full vesting. Vests 25% per year beginning on the first anniversary of the date of grant.
- [F4]Represents the date the options will cliff vest if certain four year average EPS growth targets are achieved.
- [F5]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.
- [F6]Date listed is the date of full vesting. Each grants vests 25% per year beginning on the first anniversary of the date of grant.
- [F7]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.
Documents
Issuer
MARLIN BUSINESS SERVICES CORP
CIK 0001260968
Entity typeoperating
Related Parties
1- filerCIK 0001260968
Filing Metadata
- Form type
- 4
- Filed
- Jun 10, 8:00 PM ET
- Accepted
- Jun 11, 9:34 PM ET
- Size
- 12.9 KB