Matthew J. Sullivan - Jan 20, 2022 Form 4 Insider Report for MARLIN BUSINESS SERVICES CORP (MRLN)

Role: Director
Signature: /s/ Ryan S. Melcher, attorney-in-fact
Stock symbol: MRLN
Transactions as of: Jan 20, 2022
Transactions value $: -$6,993,013
Form type: 4
Date filed: 1/20/2022, 05:10 PM
Previous filing: Jun 7, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MRLN	Common Stock	Disposed to Issuer	-$1.48M	-63.1K	-100%	$23.50	0	Jan 20, 2022	Direct	F1
transaction	MRLN	Common Stock	Disposed to Issuer	-$5.51M	-234K	-100%	$23.50	0	Jan 20, 2022	See footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Matthew J. Sullivan is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Disposed of pursuant to an Agreement and Plan of Merger among the issuer and subsidiaries of funds managed by HPS Investment Partners, LLC.
F2	The 234,483 previously reported shares were 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.

Content

Disposed of pursuant to an Agreement and Plan of Merger among the issuer and subsidiaries of funds managed by HPS Investment Partners, LLC.

The 234,483 previously reported shares were 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.