SEC FORM 4

SEC FORM 4 SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

MESDAG WILLEM

(Last)

(First)

(Middle)

1999 AVENUE OF THE STARS, SUITE 1100

(Street)

LOS ANGELES

90067

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
MARLIN BUSINESS SERVICES CORP [ MRLN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/09/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/09/2021		J		2,932,510	D	$0.00⁽¹⁾	361,069⁽²⁾	I	See Footnotes and Remarks

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

1. Name and Address of Reporting Person^*

MESDAG WILLEM

(Last)

(First)

(Middle)

1999 AVENUE OF THE STARS, SUITE 1100

(Street)

LOS ANGELES

90067

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

RED MOUNTAIN PARTNERS, L.P.

(Last)

(First)

(Middle)

1999 AVENUE OF THE STARS, SUITE 1100

(Street)

LOS ANGELES

90067

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

RED MOUNTAIN CAPITAL MANAGEMENT INC

(Last)

(First)

(Middle)

1999 AVENUE OF THE STARS, SUITE 1100

(Street)

LOS ANGELES

90067

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

RMCP MANAGER LLC

(Last)

(First)

(Middle)

1999 AVENUE OF THE STARS, SUITE 1100

(Street)

LOS ANGELES

90067

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

RED MOUNTAIN INVESTORS I LLC - SERIES A

(Last)

(First)

(Middle)

1999 AVENUE OF THE STARS, SUITE 1100

(Street)

LOS ANGELES

90067

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

RED MOUNTAIN CAPITAL PARTNERS LLC

(Last)

(First)

(Middle)

1999 AVENUE OF THE STARS, SUITE 1100

(Street)

LOS ANGELES

90067

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

RMCP GP LLC

(Last)

(First)

(Middle)

1999 AVENUE OF THE STARS, SUITE 1100

(Street)

LOS ANGELES

90067

(City)

(State)

(Zip)

Explanation of Responses:

1. On August 9, 2021, Red Mountain Partners, L.P. ("RMP") and Red Mountain Investors I LLC - Series A ("RMI") made a pro rata in-kind distribution for no consideration to their respective equity holders, with 2,092,583 shares distributed by RMP and 839,927 distributed by RMI.

2. Represents shares received by Red Mountain Capital Partners LLC ("RMCP"), Red Mountain Capital Management, Inc. ("RMCM") and certain estate planning vehicles affiliated with Mr. Mesdag in the above-referenced pro-rata in kind distribution pursuant to the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended (the "Exchange Act").

Remarks:

This Form 4 is jointly filed by (i) RMP, (ii) RMCP GP LLC ("RMCP GP"), (iii) RMI, (iv) RMCP Manager LLC ("RMCPM"), (v) RMCP, (vi) RMCM and (vii) Willem Mesdag. RMCP GP is the general partner of RMP. RMCPM is the managing member of RMI. RMCP is the managing member of RMCP GP and the sole member of RMCPM. RMCM is the managing member of RMCP. Willem Mesdag is the president, sole executive officer, sole director and sole shareholder of RMCM. Each of RMCP, RMCP GP, RMCM and Mr. Mesdag by virtue of their direct or indirect control of RMP may be deemed to beneficially own some or all of the securities reported as being held directly by RMP, and each of RMCP, RMCPM, RMCM and Mr. Mesdag by virtue of their direct or indirect control of RMI may be deemed to beneficially own some or all of the securities reported as being held directly by RMI, and RMCM and Mr. Mesdag by virtue of their direct or indirect control of RMCP may be deemed to beneficially own some or all of the securities reported as being held directly by RMCP. Each of the reporting persons hereunder disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. This Form 4 shall not be deemed to be an admission that any reporting person hereunder is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. This filing constitutes an exit filing for the Reporting Persons, as the Reporting Persons are no longer subject to Section 16 of the Exchange Act as a result of the transactions reported herein.

	/s/ Willem Mesdag (on behalf of himself and the other Reporting Persons)	09/16/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

SEC Form 4 filed by Mesdag Willem