Gary W. Rollins - Apr 28, 2023 Form 4 Insider Report for MARINE PRODUCTS CORP (MPX)

Role
Director
Signature
/s/ Callum Macgregor as attorney-in-fact for Gary W. Rollins
Stock symbol
MPX
Transactions as of
Apr 28, 2023
Transactions value $
$0
Form type
4
Date filed
5/2/2023, 05:05 PM
Previous filing
Feb 21, 2023
Next filing
Dec 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPX Common Stock, $.10 Par Value Award $0 +3.63K +0.5% $0.00 728K Apr 28, 2023 Direct F1
holding MPX Common Stock, $.10 Par Value 219K Apr 28, 2023 Held indirectly through The Gary W. Rollins Revocable Trust F2
holding MPX Common Stock, $.10 Par Value 327K Apr 28, 2023 Held indirectly through WNEG Investments, L.P. F2
holding MPX Common Stock, $.10 Par Value 4.51K Apr 28, 2023 By Spouse F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 3,631 shares granted as equity compensation that vest immediately.
F2 The reporting person disclaims for the purpose of Section 16 of the Exchange Act 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.

Remarks:

This Form 4 reflects that the reporting person has ceased to beneficially own, for purposes of Section 13(d) of the Securities Exchange Act of 1934, shares held indirectly through LOR, Inc., Rollins Holding Company, Inc., RFT Investment Company, LLC, RFA Management Company, LLC and RCTLOR, LLC.