JAMES W. WERT - 03 Jun 2021 Form 4 Insider Report for MARLIN BUSINESS SERVICES CORP (MRLN)

Role
Director
Signature
/s/ Ryan S. Melcher
Issuer symbol
MRLN
Transactions as of
03 Jun 2021
Transactions value $
$0
Form type
4
Filing time
07 Jun 2021, 21:50:12 UTC
Next filing
23 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRLN Common Stock Award $0 +2.66K +3.3% $0.00 83.3K 03 Jun 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 Director's termination of Board service.
F2 Includes 24,991 shares of restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.