Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MRLN | Common Stock | Award | $0 | +2.66K | +4.41% | $0.00 | 63.1K | Jun 3, 2021 | Direct | F1, F2 |
holding | MRLN | Common Stock | 234K | Jun 3, 2021 | See footnote | F3 |
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. |
F3 | 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. |