Gregory Lee Sting - 20 Jan 2022 Form 4 Insider Report for MARLIN BUSINESS SERVICES CORP (MRLN)

Role
Senior Vice President
Signature
/s/ Ryan S. Melcher, attorney-in-fact
Issuer symbol
MRLN
Transactions as of
20 Jan 2022
Transactions value $
-$1,004,602
Form type
4
Filing time
20 Jan 2022, 17:08:59 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 +19K +79.9% $0.00 42.7K 20 Jan 2022 Direct F1, F2
transaction MRLN Common Stock Disposed to Issuer -$1M -42.7K -100% $23.50 0 20 Jan 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Gregory Lee Sting 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 6,298 restricted stock units.
F3 Disposed of pursuant to the Merger Agreement.