SEC Form 4 · accession 0001209191-18-035900
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
Jun 4, 2018
Accepted (ET)
Jun 5, 2018 · 6:07 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 | Jun 4, 2018 | S | 1,000 | $30.40 | D | 69,167 | D | |
| Common StockF2,F3,F4 | Jun 4, 2018 | A | 1,973 | — | A | 71,140 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 14,892 restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.
- F2Represents grant of restricted stock as part of the Company's Director compensation plan. The restrictions on 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.
- F3N/A
- F4Includes 16,865 restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.