4//SEC Filing
MARLIN BUSINESS SERVICES CORP 4
Accession 0001209191-15-017290
CIK 0001260968operating
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 5:06 PM ET
Size
6.9 KB
Accession
0001209191-15-017290
Insider Transaction Report
Form 4
Siciliano Edward John
Chief Sales Officer
Transactions
- Tax Payment
Common Stock
2015-02-20$18.83/sh−1,547$29,130→ 97,756 total
Holdings
- 10,776
Option to Purchase Common Stock
Exercise: $9.52From: 2012-03-01Exp: 2015-03-01→ Option to Purchase Common Stock (10,776 underlying)
Footnotes (4)
- [F1]Represents the delivery of shares to pay the tax liability associated with the vesting of certain shares of restricted stock.
- [F2]Includes a total of 37,269 shares of restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.
- [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; 3,592; 7,184; or 10,776.
Documents
Issuer
MARLIN BUSINESS SERVICES CORP
CIK 0001260968
Entity typeoperating
Related Parties
1- filerCIK 0001260968
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 5:06 PM ET
- Size
- 6.9 KB