SEC Form 4 · accession 0000914062-17-000066
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
Jun 8, 2017
Accepted (ET)
Jun 12, 2017 · 5:20 pm EDT
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 ValueF1 | Jun 8, 2017 | S | 5,000 | $14.0273 | D | 378,573 | D | |
| Common Stock $.10 Par ValueF2 | Jun 9, 2017 | S | 8,500 | $14.0658 | D | 370,073 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.00 to $14.22 inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- F2The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.00 to $14.19 inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.