Form 4

FORM 4

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

OMB APPROVAL

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB Number: 3235-0287
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Filed By
Romeo and Dye's
Section 16 Filer
www.section16.net



1. Name and Address of Reporting Person*

Rollins Holding Company, Inc.

2. Issuer Name and Ticker or Trading Symbol
Marine Products Corporation/MPX

6. Relationship of Reporting Person(s)
to Issuer (Check all applicable)
    Director                                       10% Owner
    Officer (give title below)      X Other (specify below)

Former 10% Owner                                  

(Last)      (First)     (Middle)

c/o LOR, Inc.
2170 Piedmont Road, N.E.

3. I.R.S. Identification Number
of Reporting Person,
if an entity (voluntary)

 

4. Statement for
Month/Day/Year
04/28/2003

(Street)

Atlanta, GA 30324

5. If Amendment,
Date of Original
(Month/Day/Year)
 
7. Individual or Joint/Group Filing (Check Applicable Line)
    Form filed by One Reporting Person
X Form filed by More than One Reporting Person

(City)     (State)     (Zip)

Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security
(Instr. 3)

2. Trans-
action
Date
(Month/ Day/
Year)

2A. Deemed
Execution
Date,
if any
(Month/Day/
Year)

3. Trans-
action Code
(Instr. 8)

4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 & 5)

5. Amount of
Securities
Beneficially
Owned Follow-
ing Reported Transactions(s)
(Instr. 3 & 4)

6. Owner-
ship Form:
Direct (D)
or Indirect (I)
(Instr. 4)

7. Nature of Indirect
Beneficial Ownership
(Instr. 4)

Code

V

Amount

(A)
or
(D)

Price

Common Stock

04/28/03

 

D

 

10,068,569(1)

D

 

0

D

 

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).

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 control number

FORM 4 (continued)

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. Conver-
sion or
Exercise
Price of Derivative Security

3. Trans-
action Date

(Month/
Day/
Year)

3A. Deemed
Execution
Date,
if any
(Month/
Day/
Year)

4. Trans-
action
Code

(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)

(Instr. 3, 4 & 5)

6. Date Exercisable
and Expiration
Date
(Month/Day/
Year)

7. Title and Amount of Underlying Securities
(Instr. 3 & 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of
Derivative
Securities
Beneficially
Owned
Following
Reported Transaction(s)
(Instr. 4)

10. Owner-
ship Form
of Deriv-
ative
Security:
Direct (D)
or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

V

(A)

(D)

Date Exer-cisable

Expira-
tion
Date

Title

Amount or Number of
Shares

Explanation of Responses:

(1) These shares were previously held through RFPS Investments III, L.P. ("RFPS Investments"). The reporting persons on this Form 4 were limited partners of RFPS Investments. On April 28, 2003, RFPS Investments contributed all of its shares to RFPS Management Company III, L.P. ("RFPS Management") and RFPS Investments became a limited partner. After the transfer, the reporting persons on this Form 4 no longer exercise control over the voting or disposition of the shares.

  By: /s/ Glenn P. Grove, Jr.
             Rollins Holding Company, Inc. by Glenn P. Grove, Jr., Attorney-in-Fact
**Signature of Reporting Person
April 28, 2003
Date

**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.

 


                             Joint Filer Information







Name:                                RWR Management Company, LLC



Address:                             c/o LOR, Inc.

                                     2170 Piedmont Road, N.E.

                                     Atlanta, GA  30324



Designated Filer:                    Rollins Holding Company, Inc.



Issuer & Ticker Symbol:              Marine Products Corporation (MPX)



Date of Event Requiring Statement:   4/28/03



Signature:                           RWR MANAGEMENT COMPANY, LLC







                                     /s/ Glenn P. Grove, Jr.

                                     ------------------------------------------

                                     By:  Glenn P. Grove, Jr., Attorney-In-Fact

















                             Joint Filer Information







Name:                                Rollins Investment Fund



Address:                             c/o LOR, Inc.

                                     2170 Piedmont Road, N.E.

                                     Atlanta, GA  30324



Designated Filer:                    Rollins Holding Company, Inc.



Issuer & Ticker Symbol:              Marine Products Corporation (MPX)



Date of Event Requiring Statement:   4/28/03



Signature:                           ROLLINS INVESTMENT FUND







                                     /s/ Glenn P. Grove, Jr.

                                     ------------------------------------------

                                     By:  Glenn P. Grove, Jr., Attorney-In-Fact















                             Joint Filer Information







Name:                                Grace C. Rollins



Address:                             c/o LOR, Inc.

                                     2170 Piedmont Road, N.E.

                                     Atlanta, GA  30324



Designated Filer:                    Rollins Holding Company, Inc.



Issuer & Ticker Symbol:              Marine Products Corporation (MPX)



Date of Event Requiring Statement:   4/28/03



Signature:                           GRACE C. ROLLINS







                                     /s/ Glenn P. Grove, Jr.

                                     ------------------------------------------

                                     By:  Glenn P. Grove, Jr., Attorney-In-Fact



















                             Joint Filer Information





Name:                                RRR Grandchildren's Partnership II, L.P.



Address:                             c/o LOR, Inc.

                                     2170 Piedmont Road, N.E.

                                     Atlanta, GA  30324



Designated Filer:                    Rollins Holding Company, Inc.



Issuer & Ticker Symbol:              Marine Products Corporation (MPX)



Date of Event Requiring Statement:   4/28/03



Signature:                           RRR GRANDCHILDREN'S PARTNERSHIP II, L.P.







                                     /s/ Glenn P. Grove, Jr.

                                     ------------------------------------------

                                     By:  Glenn P. Grove, Jr., Attorney-In-Fact



















                             Joint Filer Information





Name:                                RRR Grandchildren's Partnership IV, L.P.



Address:                             c/o LOR, Inc.

                                     2170 Piedmont Road, N.E.

                                     Atlanta, GA  30324



Designated Filer:                    Rollins Holding Company, Inc.



Issuer & Ticker Symbol:              Marine Products Corporation (MPX)



Date of Event Requiring Statement:   4/28/03



Signature:                           RRR GRANDCHILDREN'S PARTNERSHIP IV, L.P.







                                     /s/ Glenn P. Grove, Jr.

                                     ------------------------------------------

                                     By:  Glenn P. Grove, Jr., Attorney-In-Fact























                             Joint Filer Information







Name:                                The Gary W. Rollins Trust



Address:                             c/o LOR, Inc.

                                     2170 Piedmont Road, N.E.

                                     Atlanta, GA  30324



Designated Filer:                    Rollins Holding Company, Inc.



Issuer & Ticker Symbol:              Marine Products Corporation (MPX)



Date of Event Requiring Statement:   4/28/03



Signature:                           THE GARY W. ROLLINS TRUST

                                     U/Agreement dated December 30, 1976







                                     /s/ Glenn P. Grove, Jr.

                                     ------------------------------------------

                                     By:  Glenn P. Grove, Jr., Attorney-In-Fact



















                             Joint Filer Information







Name:                                RCTLOR, LLC



Address:                             c/o LOR, Inc.

                                     2170 Piedmont Road, N.E.

                                     Atlanta, GA  30324



Designated Filer:                    Rollins Holding Company, Inc.



Issuer & Ticker Symbol:              Marine Products Corporation (MPX)



Date of Event Requiring Statement:   4/28/03



Signature:                           RCTLOR, LLC







                                     /s/ Glenn P. Grove, Jr.

                                     ------------------------------------------

                                     By:  Glenn P. Grove, Jr., Attorney-In-Fact





















                             Joint Filer Information







Name:                                1997 RRR Grandchildren's Partnership, L.P.



Address:                             c/o LOR, Inc.

                                     2170 Piedmont Road, N.E.

                                     Atlanta, GA  30324



Designated Filer:                    Rollins Holding Company, Inc.



Issuer & Ticker Symbol:              Marine Products Corporation (MPX)



Date of Event Requiring Statement:   4/28/03



Signature:                           1997 RRR GRANDCHILDREN'S PARTNERSHIP, L.P.







                                     /s/ Glenn P. Grove, Jr.

                                     ------------------------------------------

                                     By:  Glenn P. Grove, Jr., Attorney-In-Fact













                             Joint Filer Information







Name:                                Pamela Renee Rollins



Address:                             c/o LOR, Inc.

                                     2170 Piedmont Road, N.E.

                                     Atlanta, GA  30324



Designated Filer:                    Rollins Holding Company, Inc.



Issuer & Ticker Symbol:              Marine Products Corporation (MPX)



Date of Event Requiring Statement:   4/28/03



Signature:                           PAMELA RENEE ROLLINS







                                     /s/ Glenn P. Grove, Jr.

                                     ------------------------------------------

                                     By:  Glenn P. Grove, Jr., Attorney-In-Fact



















                             Joint Filer Information







Name:                                Timothy Curtis Rollins



Address:                             c/o LOR, Inc.

                                     2170 Piedmont Road, N.E.

                                     Atlanta, GA  30324



Designated Filer:                    Rollins Holding Company, Inc.



Issuer & Ticker Symbol:              Marine Products Corporation (MPX)



Date of Event Requiring Statement:   4/28/03



Signature:                           TIMOTHY CURTIS ROLLINS







                                     /s/ Glenn P. Grove, Jr.

                                     ------------------------------------------

                                     By:  Glenn P. Grove, Jr., Attorney-In-Fact



















                             Joint Filer Information







Name:                                Amy Rollins Kreisler



Address:                             c/o LOR, Inc.

                                     2170 Piedmont Road, N.E.

                                     Atlanta, GA  30324



Designated Filer:                    Rollins Holding Company, Inc.



Issuer & Ticker Symbol:              Marine Products Corporation (MPX)



Date of Event Requiring Statement:   4/28/03



Signature:                           AMY ROLLINS KREISLER







                                     /s/ Glenn P. Grove, Jr.

                                     ------------------------------------------

                                     By:  Glenn P. Grove, Jr., Attorney-In-Fact





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