Filing Details

Accession Number:
0001209191-20-036798
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-06-15 19:28:56
Reporting Period:
2020-05-05
Accepted Time:
2020-06-15 19:28:56
SEC Url:
Form 4 Filing
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
1268928 J Lawrence Deangelo C/O Marlin Business Services Corp
300 Fellowship Road
Mount Laurel NJ 08054
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-05-05 15,469 $9.36 209,427 No 4 P Direct
Common Stock Acquisiton 2020-05-11 15,000 $8.60 224,427 No 4 P Direct
Common Stock Acquisiton 2020-05-14 1,560 $6.80 225,987 No 4 P Direct
Common Stock Acquisiton 2020-05-15 6,154 $7.29 232,141 No 4 P Direct
Common Stock Acquisiton 2020-06-11 14,412 $7.68 246,553 No 4 P Direct
Common Stock Acquisiton 2020-06-11 6,944 $0.00 253,497 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
No 4 P Direct
No 4 P Direct
No 4 P Direct
No 4 A Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $9.28 to $9.40, inclusive. The reporting person undertakes to provide to Marlin Business Services Corp, any security holder of Marlin Business Services Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (3) through (5) to this Form 4.
  2. Includes a total of 20,940 shares of restricted stock where, as of the dates of the transactions, the restrictions had not yet lapsed.
  3. Balance reflects adjustment to previously understated number of shares.
  4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.56 to $8.60, inclusive.
  5. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.24 to $7.30, inclusive.
  6. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.60 to $7.69, inclusive.
  7. Includes a total of 15,384 shares of restricted stock where, as of the date of the transactions, the restrictions had not yet lapsed.
  8. Represents grant of restricted stock as part of the Company's compensation program for non-employee directors. The restrictions on these shares shall lapse upon the earlier of (i) seven years from the grant date and (ii) six months following the non-employee director's termination of Board service.
  9. Includes a total of 22,328 shares of restricted stock where, as of the date of the transaction, the restrictions had not yet lapsed.