Filing Details

Accession Number:
0001209191-20-051018
Form Type:
4/A
Zero Holdings:
No
Publication Time:
2020-09-17 18:45:39
Reporting Period:
2020-09-02
Accepted Time:
2020-09-17 18:45:39
Original Submission Date:
2020-09-04
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
1276033 J Matthew Sullivan 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 2020-09-02 5,000 $6.96 55,429 No 4 P Direct
Common Stock Acquisiton 2020-09-03 5,000 $6.88 60,429 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 234,483 Indirect See footnote
Footnotes
  1. Mr. Sullivan purchased 5,000 shares of the Company's common stock on September 2, 2020. Prior disclosure incorrectly stated that Mr. Sullivan was awarded such common stock.
  2. Includes 22,328 shares of restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.
  3. Mr. Sullivan purchased 5,000 shares of the Company's common stock on September 3, 2020. Prior disclosure incorrectly stated that Mr. Sullivan was awarded such common stock.
  4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $6.85 to $6.94, inclusive. The reporting person undertakes to provide 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 range set forth in footnote (4) to this Form 4.
  5. The 234,483 reported shares are owned by Peachtree CIP, L.P., whose general partner is Peachtree Equity Management, LLC (the "General Partner"). The reporting person is the Managing Director of the General Partner and could be deemed to be an indirect holder of the reported shares. The reporting person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that he is the beneficial owner of these shares for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein.