MARLIN BUSINESS SERVICES CORP 4
4 · MARLIN BUSINESS SERVICES CORP · Filed Apr 4, 2017
Insider Transaction Report
Form 4
Siciliano Edward John
Chief Sales Officer
Transactions
- Award
Option to Purchase Common Stock
2017-03-31+13,338→ 13,338 totalExercise: $25.75From: 2020-03-31Exp: 2024-03-31→ Common Stock (13,338 underlying) - Award
Common Stock
2017-03-31+3,398→ 96,371 total - Tax Payment
Common Stock
2017-03-31$25.75/sh−3,189$82,117→ 92,973 total
Footnotes (5)
- [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 21,523 shares of restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.
- [F3]Represents grants of restricted stock units as part of long term incentive plan. This grant consists of 3,398 restricted stock units where the restrictions will lapse over the three year period following the grant date on a pro-rata basis (one-third per year).
- [F4]Includes a total of 21,523 shares of restricted stock where, as of the date of this filing, the restrictions have not yet lapsed and 3,398 restricted stock units.
- [F5]Date listed is the date of full vesting. Vests one-third per year beginning on the first anniversary of the date of grant.