SULLIVAN MATTHEW J 4
4 · MARLIN BUSINESS SERVICES CORP · Filed Jun 5, 2018
Insider Transaction Report
Form 4
SULLIVAN MATTHEW J
Director
Transactions
- Award
Common stock
2018-06-04+1,973→ 40,898 total
Holdings
- 439,465(indirect: See footnote)
Common Stock
Footnotes (4)
- [F1]Represents grant of restricted stock as part of the Company's Director compensation plan. The restrictions on these shares shall lapse upon the earlier of (i) seven years from the grant date and (ii) six months following the Director's termination of Board service.
- [F2]N/A
- [F3]Includes 16,865 restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.
- [F4]The 439,465 reported shares are owned by Peachtree CIP, L.P., whose general partner is Peachtree Equity Management, LLC (the "General Partner"). The reporting person is the Managing Director of the General Partner and could be deemed to be an indirect holder of the reported shares. The reporting person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that he is the beneficial owner or these shares for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein.