4//SEC Filing
MARLIN BUSINESS SERVICES CORP 4
Accession 0001209191-13-057128
CIK 0001260968operating
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 4:38 PM ET
Size
9.8 KB
Accession
0001209191-13-057128
Insider Transaction Report
Form 4
PELOSE GEORGE D
Chief Operating Officer
Transactions
- Sale
Common Stock
2013-12-12$23.50/sh−580$13,630→ 169,801 total
Holdings
- 6,616
Option to Purchase Common Stock
Exercise: $12.41From: 2013-05-24Exp: 2017-05-24→ Common Stock (6,616 underlying) - 7,337
Option to Purchase Common Stock
Exercise: $12.41From: 2014-05-24Exp: 2017-05-24→ Common Stock (29,348 underlying) - 23,842
Option to Purchase Common Stock
Exercise: $9.52From: 2012-03-01Exp: 2015-03-01→ Common Stock (23,842 underlying)
Footnotes (5)
- [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]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
- Dec 15, 7:00 PM ET
- Accepted
- Dec 16, 4:38 PM ET
- Size
- 9.8 KB