Michael R. Bogansky - 20 Jan 2022 Form 4 Insider Report for MARLIN BUSINESS SERVICES CORP (MRLN)

Role
Chief Financial Officer
Signature
/s/ Ryan S. Melcher, attorney-in-fact
Issuer symbol
MRLN
Transactions as of
20 Jan 2022
Transactions value $
-$1,862,634
Form type
4
Filing time
20 Jan 2022, 16:32:37 UTC
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 +60.9K +331.35% $0.00 79.3K 20 Jan 2022 Direct F1, F2
transaction MRLN Common Stock Disposed to Issuer -$1.86M -79.3K -100% $23.50 0 20 Jan 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael R. Bogansky is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Vesting of performance stock units pursuant to an Agreement and Plan of Merger among the issuer and subsidiaries of funds managed by HPS Investment Partners, LLC (the "Merger Agreement").
F2 Includes 10,497 restricted stock units.
F3 Disposed of pursuant to the Merger Agreement.