MARLIN BUSINESS SERVICES CORP 4
4 · MARLIN BUSINESS SERVICES CORP · Filed Jan 26, 2016
Insider Transaction Report
Form 4
Siciliano Edward John
Chief Sales Officer
Transactions
- Award
Common Stock
2016-01-22+19,580→ 110,781 total - Gift
Common Stock
2015-12-07−2,400→ 90,893 total
Footnotes (5)
- [F1]Includes a total of 30,112 shares of restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.
- [F2]Represents grants of restricted stock as part of long term incentive plan. This grant consists of: (i) 7,832 restricted shares where the restrictions will lapse over the four year period following the grant date on a pro-rata basis (25% per year) and (ii) 11,748 restricted performance shares where the restrictions will lapse seven years after the grant date, subject to accelerated lapsing over the three year period following the grant date if certain performance conditions are met.
- [F3]N/A
- [F4]Includes a total of 49,692 shares of restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.
- [F5]Includes 308 shares acquired under the Marlin Business Services Corp. 2012 Employee Stock Purchase Plan on December 31, 2015.