SEC Form 4 · accession 0000914062-16-000108
MARINE PRODUCTS CORP · MPX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ben M Palmer
Officer — VP, CFO and Treasurer
Period of report
Jan 25, 2016
Accepted (ET)
Jan 27, 2016 · 5:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001129155
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock $.10 Par Value | Jan 25, 2016 | F | 2,319 | $5.61 | D | 402,220 | D | |
| Common Stock $.10 Par Value | Jan 26, 2016 | F | 1,636 | $5.77 | D | 400,584 | D | |
| Common Stock $.10 Par ValueF1 | Jan 26, 2016 | A | 26,250 | — | A | 426,834 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 26,250 shares of restricted stock that vest annually in 20 percent increments beginning in 2018.