SEC Form 4 · accession 0001209191-17-036032
MARLIN BUSINESS SERVICES CORP · MRLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Christopher Teets
Director
Period of report
May 25, 2017
Accepted (ET)
May 26, 2017 · 7:52 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 | May 25, 2017 | M | 5,000 | $12.08 | A | 25,889 | 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 | $12.08 | May 25, 2017 | M | 7,000 | D | May 24, 2014 | May 25, 2017 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1Includes 20,889 shares of 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. Each grant vests 25% per year beginning on the first anniversary of the date of grant.
- F3N/A