Home > Insider Trading > Filing (0001209191-12-055166)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1260968	Marlin Business Services Corp	MRLN	State Commercial Banks (6022)	383686388

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1268540	D George Pelose	C/O Marlin Business Services Corp. 300 Fellowship Road Mount Laurel NJ 08054	Chief Operating Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2012-11-28	6,055	$10.18	187,069	No	4	M	Direct
Common Stock	Disposition	2012-11-28	4,708	$16.75	182,361	No	4	S	Direct
Common Stock	Acquisiton	2012-11-28	265	$9.52	182,626	No	4	M	Direct
Common Stock	Disposition	2012-11-28	200	$17.25	182,426	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Option to Purchase Common Stock	Disposition	2012-11-28	6,055	$0.00	6,055	$10.18
Common Stock	Option to Purchase Common Stock	Disposition	2012-11-28	265	$0.00	17,394	$9.52

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2007-01-13	2013-01-13	No	4	M	Direct
17,129	2012-03-01	2015-03-01	No	4	M	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Option to Purchase Common Stock	$12.41	2014-05-24	2017-05-24	29,348	29,348	Direct
Common Stock	Option to Purchase Common Stock	$12.41	2013-05-24	2017-05-24	6,616	6,616	Direct
Common Stock	Option to Purchase Common Stock	$9.52	2012-03-01	2015-03-01	23,842	23,842	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2017-05-24	29,348	29,348	Direct
2017-05-24	6,616	6,616	Direct
2015-03-01	23,842	23,842	Direct

Footnotes

Includes a total of 58,917 shares of restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.
Represents average price per share.
Date listed is the date of full vesting. Vests 25% per year beginning on the first anniversary of the date of grant.
Represents the date the options will cliff vest if certain four year average EPS growth targets are achieved.
Represents the maximum number of options that may vest under this performance option grant. Vesting will be determined by EPS growth rates averaged over a four year performance period. Depending on the average EPS growth rate achieved for the four year period, the number of shares that vest at the end of the four year period could be 0; 2,205; 4,410; or 6,616.
Date listed is the date of full vesting. Each grants vests 25% per year beginning on the first anniversary of the date of grant.
N/A
Represents the maximum number of options that may vest under this performance option grant. Vesting will be determined by EPS growth rates averaged over a four year performance period. Depending on the average EPS growth rate achieved for the four year period, the number of shares that vest at the end of the four year period could be 0; 7,947; 15,895; or 23,842.