Home/Filings/4/0001209191-13-032836
4//SEC Filing

MARLIN BUSINESS SERVICES CORP 4

Accession 0001209191-13-032836

CIK 0001260968operating

Filed

Jun 17, 8:00 PM ET

Accepted

Jun 18, 9:19 PM ET

Size

12.6 KB

Accession

0001209191-13-032836

Insider Transaction Report

Form 4
Period: 2013-06-14
WILSON LYNNE C
Chief Financial Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2013-06-14$12.41/sh+988$12,26190,737 total
  • Sale

    Common Stock

    2013-06-14$23.86/sh681$16,24990,056 total
  • Exercise/Conversion

    Option to Purchase Common Stock

    2013-06-149882,208 total
    Exercise: $12.41From: 2013-05-24Exp: 2017-05-24Common Stock (3,196 underlying)
Holdings
  • Option to Purchase Common Stock

    Exercise: $12.41From: 2014-05-24Exp: 2017-05-24Common Stock (3,952 underlying)
    1,976
  • Option to Purchase Common Stock

    Exercise: $9.52From: 2012-03-01Exp: 2012-03-01Common Stock (12,265 underlying)
    12,265
Footnotes (7)
  • [F1]Includes a total of 28,088 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 diluted EPS compounded average growth rate targets are achieved.
  • [F5]Represents the maximum number of options that may vest under this performance option grant. Vesting will be determined by diluted EPS compounded average growth rates over a four year performance period. Depending on the diluted EPS compounded average growth rate achieved for the four year period, the number of options that vest at the end of the four year period could be 0; 1,065; 2,130; or 3,196.
  • [F6]N/A
  • [F7]Represents the maximum number of options that may vest under this performance option grant. Vesting will be determined by diluted EPS growth rates averaged over a four year performance period. Depending on the average diluted 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; 4,088; 8,177; or 12,265.

Issuer

MARLIN BUSINESS SERVICES CORP

CIK 0001260968

Entity typeoperating

Related Parties

1
  • filerCIK 0001260968

Filing Metadata

Form type
4
Filed
Jun 17, 8:00 PM ET
Accepted
Jun 18, 9:19 PM ET
Size
12.6 KB