SEC Form 4 · accession 0000914062-18-000053
MARINE PRODUCTS CORP · MPX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ben M Palmer
Officer — VP, CFO, & Corporate Secretary
Period of report
May 11, 2018
Accepted (ET)
May 15, 2018 · 5:17 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 | May 11, 2018 | S | 1,300 | $15.8681 | D | 375,840 | D | |
| Common Stock $.10 Par ValueF2 | May 14, 2018 | S | 1,300 | $16.0331 | D | 374,540 | 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 sold in multiple transactions at prices ranging from $15.80 to $15.97 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 sold in multiple transactions at prices ranging from $15.90 to $16.25 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.