SEC Form 4 · accession 0001209191-16-142281
MARLIN BUSINESS SERVICES CORP · MRLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James W Wert
Director
Period of report
Sep 19, 2016
Accepted (ET)
Sep 21, 2016 · 4:57 pm EDT
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 | Sep 19, 2016 | M | 2,041 | $7.17 | A | 72,734 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common StockF3,F2 | $7.17 | Sep 19, 2016 | M | 2,041 | D | Oct 28, 2010 | Oct 28, 2016 | Common Stock | 2,041 | 0 | D |
Explanation of responses
- F1Includes 22,246 restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.
- F2Grant of options made pursuant to the Company's Director compensation plan. Date listed is the date of full vesting (which is one year from the date of grant). The options cliff vest on the first anniversary of the grant date.
- F3N/A