SEC Form 4 · accession 0000914062-18-000061
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 25, 2018
Accepted (ET)
May 30, 2018 · 5:24 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 25, 2018 | S | 1,800 | $16.5423 | D | 363,827 | D | |
| Common Stock $.10 Par ValueF2 | May 29, 2018 | S | 1,687 | $16.4078 | D | 362,140 | 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 $16.40 to $16.70 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 $16.40 to $16.45 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.