Gary W. Rollins - 12 Aug 2022 Form 4 Insider Report for MARINE PRODUCTS CORP (MPX)

Role
Director, 10%+ Owner
Signature
/s/ Callum Macgregor as attorney-in-fact for Gary W. Rollins
Issuer symbol
MPX
Transactions as of
12 Aug 2022
Net transactions value
$0
Form type
4
Filing time
16 Aug 2022, 17:32:20 UTC
Previous filing
12 Aug 2022
Next filing
18 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPX Common Stock, $.10 Par Value Other $0 -16,597 -100% $0.000000* 0 12 Aug 2022 Held indirectly through LOR Investment Company, LLC F1, F3
transaction MPX Common Stock, $.10 Par Value Other $0 +16,557 +0.09% $0.000000 19,138,233 12 Aug 2022 Held indirectly through LOR, Inc. F2, F3
holding MPX Common Stock, $.10 Par Value 724,075 12 Aug 2022 Direct
holding MPX Common Stock, $.10 Par Value 4,505 12 Aug 2022 By Spouse F3
holding MPX Common Stock, $.10 Par Value 1,065,476 12 Aug 2022 Held indirectly through RCTLOR, LLC F3
holding MPX Common Stock, $.10 Par Value 343,479 12 Aug 2022 Held indirectly through Rollins Holding Company, Inc. F3
holding MPX Common Stock, $.10 Par Value 297,913 12 Aug 2022 Held indirectly through RFT Investment Company, LLC F3
holding MPX Common Stock, $.10 Par Value 219,149 12 Aug 2022 Held indirectly through The Gary W. Rollins Revocable Trust F3
holding MPX Common Stock, $.10 Par Value 327,258 12 Aug 2022 Held indirectly through WNEG Investments, L.P. F3
holding MPX Common Stock, $.10 Par Value 156,838 12 Aug 2022 Held indirectly through RFA Management Company, LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 12, 2022, LOR Investment Company, LLC made an in kind pro-rata distribution of 16,597 shares of Marine Products Corporation common stock to its members for no consideration. In prior reports, the reporting person reported beneficial ownership of all 16,597 shares held by LOR Investment Company, LLC as held indirectly by the reporting person.
F2 On August 12, 2022, LOR, Inc. received 16,557 shares as an in kind distribution from LOR Investment Company, LLC.
F3 The reporting person disclaims for the purpose of Section 16 of the Securities and Exchange Act of 1934 the beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission of such beneficial ownership.