SEC Form 4 · accession 0001209191-18-004917
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
Jan 22, 2018
Accepted (ET)
Jan 23, 2018 · 4:47 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,F3 | Jan 22, 2018 | F | 342 | $23.75 | D | 32,107 | 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 StockF4 | $25.75 | Mar 31, 2017 | A | 5,716 | A | Mar 31, 2020 | Mar 31, 2024 | Common Stock | 5,716 | 5,716 | D |
Explanation of responses
- F1Represents the delivery of shares to pay the tax liability associated with the vesting of certain shares of restricted stock.
- F2Includes 9,425 shares of restricted stock where, as of the date of this filing, the restrictions have not yet lapsed and 1,456 restricted stock units.
- F3Includes 261 shares acquired under the Marlin Business Services Corp 2012 Employee Stock Purchase Plan on June 30, 2017 and 194 shares acquired under the Marlin Business Services Corp 2012 Employee Stock Purchase Plan on December 29, 2017.
- F4Date listed is the date of full vesting. Vests one-third per year beginning on the first anniversary of the date of grant.