SEC Form 4 · accession 0001209191-17-034395
MARLIN BUSINESS SERVICES CORP · MRLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence J Deangelo
Director
Period of report
May 18, 2017
Accepted (ET)
May 22, 2017 · 5:41 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,F2,F3 | May 18, 2017 | A | 6,425 | — | A | 79,870 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents grants of restricted stock as part of the Company's Director compensation plan. The restrictions on 2,409 of 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. The restrictions on 4,016 of these shares shall lapse upon the earlier of (i) three years from the grant date and (ii) six months following the Director's termination of Board service.
- F2N/A
- F3Includes a total of 24,905 shares of restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.