MARLIN BUSINESS SERVICES CORP 4

4 · MARLIN BUSINESS SERVICES CORP · Filed Sep 11, 2013

Form 4

Period: 2013-09-09

Chief Operating Officer

Transactions

Exercise/Conversion
Common Stock
2013-09-09$9.52/sh+13,539$128,891→ 184,435 total
Sale
Common Stock
2013-09-09$25.76/sh−8,305$213,953→ 176,130 total
Sale
Common Stock
2013-09-09$25.76/sh−15,025$387,074→ 183,116 total
Exercise/Conversion
Common Stock
2013-09-09$12.41/sh+22,011$273,157→ 198,141 total
Exercise/Conversion
Option to Purchase Common Stock
2013-09-09−22,011→ 7,337 total
Exercise: $12.41From: 2014-05-24Exp: 2017-05-24→ Common Stock (29,348 underlying)
Exercise/Conversion
Option to Purchase Common Stock
2013-09-09−13,539→ 0 total
Exercise: $9.52From: 2012-03-01Exp: 2015-03-01→ Common Stock (17,394 underlying)

Holdings

Option to Purchase Common Stock
Exercise: $9.52From: 2012-03-01Exp: 2015-03-01→ Common Stock (23,842 underlying)
23,842
Option to Purchase Common Stock
Exercise: $12.41From: 2013-05-24Exp: 2017-05-24→ Common Stock (6,616 underlying)
6,616

Footnotes (8)

[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]N/A
[F5]Represents the date the options will cliff vest if certain four year average EPS growth targets are achieved.
[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; 2,205; 4,410; or 6,616.
[F7]Date listed is the date of full vesting. Each grants vests 25% per year beginning on the first anniversary of the date of grant.
[F8]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

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