SEC Form 4 · accession 0001209191-16-093583
MARLIN BUSINESS SERVICES CORP · MRLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward Ralph Dietz Jr.
Officer — General Counsel
Period of report
May 25, 2015
Accepted (ET)
Jan 26, 2016 · 4:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001260968
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 25, 2015 | F | 72 | $18.71 | D | 30,310 | D | |
| Common StockF3,F4,F5,F6 | Jan 22, 2016 | A | 9,542 | — | A | 40,122 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the delivery of shares to pay the tax liability associated with the vesting of certain shares of restricted stock.
- F2Includes 22,049 shares of restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.
- F3Represents grants of restricted stock as part of long term incentive plan. This grant consists of: (i) 3,817 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) 5,725 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.
- F4N/A
- F5Includes 270 shares acquired under the Marlin Business Services Corp 2012 Employee Stock Purchase Plan on December 31, 2015.
- F6Includes 31,591 shares of restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.