Rollins R Randall Form 4 MARINE PRODUCTS / R RANDALL ROLLINS ownership change

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^*

ROLLINS R RANDALL

(Last)

(First)

(Middle)

2170 PIEDMONT ROAD

(Street)

ATLANTA

30324

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
MARINE PRODUCTS CORP [ MPX ]

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

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
Chairman of the Board

3. Date of Earliest Transaction (Month/Day/Year)
08/03/2020

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

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

X	Form filed by One Reporting Person
	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, $.10 Par Value	08/03/2020		J		22,497,426⁽¹⁾	D	$0	15	I	Held indirectly through RFPS Investments III, L.P.
Common Stock, $.10 Par Value	08/03/2020		J		16,597⁽¹⁾	A	$0	16,597⁽²⁾	I	Held indirectly through LOR Investment Company, LLC
Common Stock, $.10 Par Value	08/03/2020		J		19,121,663⁽¹⁾	A	$0	19,121,663⁽²⁾	I	Held indirectly through LOR, INC.
Common Stock, $.10 Par Value	08/03/2020		J		343,479⁽¹⁾	A	$0	343,479⁽²⁾	I	Held indirectly through Rollins Holding Company, Inc.
Common Stock, $.10 Par Value	08/03/2020		J		297,913⁽¹⁾	A	$0	297,913⁽²⁾	I	Held indirectly through RFT Investment Company, LLC
Common Stock, $.10 Par Value	08/03/2020		J		79⁽¹⁾	A	$0	79⁽²⁾	I	Held indirectly through o The R. Randall Rollins Voting Trust U/A dated August 25, 1994
Common Stock, $.10 Par Value	08/03/2020		J		1,065,475⁽¹⁾	A	$0	1,065,475⁽²⁾	I	Held indirectly through RCTLOR, LLC
Common Stock, $.10 Par Value	08/03/2020		J		344,647⁽¹⁾	A	$0	344,647⁽²⁾	I	Held indirectly by Robert W. Rollins 2013 Trust
Common Stock,, $.10 Par Value	08/03/2020		J		22,796⁽¹⁾	A	$0	22,796⁽²⁾	I	Held indirectly through The R. Randall Rollins 2012 Trust
Common Stock, $.10 Par Value	08/03/2020		J		190,618⁽¹⁾	A	$0	265,145⁽²⁾	I	Held indirectly through Richard R. Rollins, Jr. Grantor Trust
Common Stock, $.10 Par Value								1,101,971	D
Common Stock, $.10 Par Value								31,497	I	By Spouse
Common Stock, $.10 Par Value								156,838	I	Held indirectly through RFA Management Company, LLC

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)

Explanation of Responses:

1. These shares were distributed to the equity holders of RFPS Investments III, L.P., for no consideration, in connection with the dissolution of RFPS Investments III, L.P.

2. 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.

	/s/ Callum Mcgregor as attorney-in-fact for Richard Randall Rollins	08/05/2020
	** 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.

Rollins R Randall Form 4MARINE PRODUCTS / R RANDALL ROLLINS ownership change