3 1 rfpsmarine3103.txt FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 3 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 1. Name and Address of Reporting Person RFPS INVESTMENTS III, L.P. 2170 Piedmont Road, N.E. Atlanta, GA 30324 USA 2. Date of Event Requiring Statement (Month/Day/Year) 12-31-2002 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Issuer Name and Ticker or Trading Symbol MARINE PRODUCTS CORPORATION MPX 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director (X) 10% Owner ( ) Officer (give title below) ( ) Other (specify below) 10% Owner 6. 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
___________________________________________________________________________________________________________________________________ Table I -- Non-Derivative Securities Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1. Title of Security |2. Amount of |3. Ownership |4. Nature of Indirect | | Securities | Form: | Beneficial Ownership | | Beneficially | Direct(D) or | | | Owned | Indirect(I) | | ___________________________________________________________________________________________________________________________________| Common Stock |10,068,569 (1) |D | | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Date Exer- |3.Title and Amount | |4. Conver-|5. Owner- |6. Nature of Indirect | Security | cisable and | of Underlying | |sion or |ship | Beneficial Ownership | | Expiration | Securities | |exercise |Form of | | | Date(Month/ |-----------------------|---------|price of |Deriv- | | | Day/Year) | |Amount |deri- |ative | | | Date | Expira- | |or |vative |Security: | | | Exer- | tion | Title |Number of|Security |Direct(D) or | | | cisable | Date | |Shares | |Indirect(I) | | ___________________________________________________________________________________________________________________________________| | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1) These shares are held by RFPS Investments III, L.P. ("RFPS"). The other reporting persons on this Form 3 are general or limited partners of RFPS, all of whom are filing this Form 3 together with RFPS as a group for purposes of Section 13(d) of the Exchange Act. Each of the partners disclaims beneficial ownership of the shares exceeding his pecuniary interest, and this report shall not be deemed an admission that each of the partners is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. SIGNATURE OF REPORTING PERSON /s/ RFPS Investments III, L.P., by Glenn P. Grove, Jr. RFPS Investments III, L.P., by Glenn P. Grove, Jr. DATE January 9, 2003 Joint Filer Information Name: LOR Investment Company, LLC Address: c/o LOR, Inc. 2170 Piedmont Road, N.E. Atlanta, GA 30324 Designated Filer: RFPS Investments III, L.P. Issuer & Ticker Symbol: Marine Products Corporation (MPX) Date of Event Requiring Statement: 12/31/02 Signature: LOR INVESTMENT COMPANY, LLC /s/ Glenn P. Grove, Jr. ------------------------------------------ By: Glenn P. Grove, Jr., Attorney-In-Fact Joint Filer Information Name: Rollins Holding Company, Inc. Address: c/o LOR, Inc. 2170 Piedmont Road, N.E. Atlanta, GA 30324 Designated Filer: RFPS Investments III, L.P. Issuer & Ticker Symbol: Marine Products Corporation (MPX) Date of Event Requiring Statement: 12/31/02 Signature: ROLLINS HOLDING COMPANY, INC. /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: RFPS Investments III, L.P. Issuer & Ticker Symbol: Marine Products Corporation (MPX) Date of Event Requiring Statement: 12/31/02 Signature: ROLLINS INVESTMENT FUND /s/ Glenn P. Grove, Jr. ------------------------------------------ By: Glenn P. Grove, Jr., Attorney-In-Fact Joint Filer Information Name: 1997 RRR Grandchildren's Partnership Address: c/o LOR, Inc. 2170 Piedmont Road, N.E. Atlanta, GA 30324 Designated Filer: RFPS Investments III, L.P. Issuer & Ticker Symbol: Marine Products Corporation (MPX) Date of Event Requiring Statement: 12/31/02 Signature: 1997 RRR GRANDCHILDREN'S PARTNERSHIP /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: RFPS Investments III, L.P. Issuer & Ticker Symbol: Marine Products Corporation (MPX) Date of Event Requiring Statement: 12/31/02 Signature: GRACE C. ROLLINS /s/ Glenn P. Grove, Jr. ------------------------------------------ By: Glenn P. Grove, Jr., Attorney-In-Fact Joint Filer Information Name: RWR Management Company, LLC Address: c/o LOR, Inc. 2170 Piedmont Road, N.E. Atlanta, GA 30324 Designated Filer: RFPS Investments III, L.P. Issuer & Ticker Symbol: Marine Products Corporation (MPX) Date of Event Requiring Statement: 12/31/02 Signature: RWR MANAGEMENT COMPANY, LLC /s/ Glenn P. Grove, Jr. ------------------------------------------ By: Glenn P. Grove, Jr., Attorney-In-Fact Joint Filer Information
Name: RRR Grandchildren's Custodial Partnership II, L.P. Address: c/o LOR, Inc. 2170 Piedmont Road, N.E. Atlanta, GA 30324 Designated Filer: RFPS Investments III, L.P. Issuer & Ticker Symbol: Marine Products Corporation (MPX) Date of Event Requiring Statement: 12/31/02 Signature: RRR GRANDCHILDREN'S CUSTODIAL PARTNERSHIP II, L.P. /s/ Glenn P. Grove, Jr. ------------------------------------------ By: Glenn P. Grove, Jr., Attorney-In-Fact
Joint Filer Information
Name: RRR Grandchildren's Custodial Partnership IV, L.P. Address: c/o LOR, Inc. 2170 Piedmont Road, N.E. Atlanta, GA 30324 Designated Filer: RFPS Investments III, L.P. Issuer & Ticker Symbol: Marine Products Corporation (MPX) Date of Event Requiring Statement: 12/31/02 Signature: RRR GRANDCHILDREN'S CUSTODIAL 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: RFPS Investments III, L.P. Issuer & Ticker Symbol: Marine Products Corporation (MPX) Date of Event Requiring Statement: 12/31/02 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: RFPS Investments III, L.P. Issuer & Ticker Symbol: Marine Products Corporation (MPX) Date of Event Requiring Statement: 12/31/02 Signature: RCTLOR, LLC /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: RFPS Investments III, L.P. Issuer & Ticker Symbol: Marine Products Corporation (MPX) Date of Event Requiring Statement: 12/31/02 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: RFPS Investments III, L.P. Issuer & Ticker Symbol: Marine Products Corporation (MPX) Date of Event Requiring Statement: 12/31/02 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: RFPS Investments III, L.P. Issuer & Ticker Symbol: Marine Products Corporation (MPX) Date of Event Requiring Statement: 12/31/02 Signature: AMY ROLLINS KREISLER /s/ Glenn P. Grove, Jr. ------------------------------------------ By: Glenn P. Grove, Jr., Attorney-In-Fact 1574982 CONFIRMING STATEMENT This Statement confirms that the undersigned, LOR Investment Company, LLC, has authorized and designated Glenn P. Grove, Jr. to execute and file on the undersigned's behalf all Forms 3, 4, 5 and Schedule 13D (including any amendments thereto) that the undersigned may be required to file with the U.S. Securities and Exchange Commission as a result of the undersigned's ownership of or transactions in securities of Marine Products Corporation. The authority of Glenn P. Grove, Jr. under this Statement shall continue until the undersigned is no longer required to file Forms 3, 4, 5 and Schedule 13D with regard to the undersigned's ownership of or transactions in securities of Marine Products Corporation, unless earlier revoked in writing. The undersigned acknowledges that Glenn P. Grove, Jr. is not assuming any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. LOR INVESTMENT COMPANY, LLC By: LOR, Inc., sole member By:/s/ R. Randall Rollins --------------------------------- R. Randall Rollins, President CONFIRMING STATEMENT This Statement confirms that the undersigned, RFPS Investments III, LP, has authorized and designated Glenn P. Grove, Jr. to execute and file on the undersigned's behalf all Forms 3, 4, 5 and Schedule 13D (including any amendments thereto) that the undersigned may be required to file with the U.S. Securities and Exchange Commission as a result of the undersigned's ownership of or transactions in securities of Marine Products Corporation. The authority of Glenn P. Grove, Jr. under this Statement shall continue until the undersigned is no longer required to file Forms 3, 4, 5 and Schedule 13D with regard to the undersigned's ownership of or transactions in securities of Marine Products Corporation, unless earlier revoked in writing. The undersigned acknowledges that Glenn P. Grove, Jr. is not assuming any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. RFPS INVESTMENTS III, LP By: LOR Investment Company, LLC general partner By: LOR, Inc., sole member By:/s/ R. Randall Rollins ---------------------------- R. Randall Rollins, President CONFIRMING STATEMENT This Statement confirms that the undersigned, Rollins Holding Company, Inc., has authorized and designated Glenn P. Grove, Jr. to execute and file on the undersigned's behalf all Forms 3, 4, 5 and Schedule 13D (including any amendments thereto) that the undersigned may be required to file with the U.S. Securities and Exchange Commission as a result of the undersigned's ownership of or transactions in securities of Marine Products Corporation. The authority of Glenn P. Grove, Jr. under this Statement shall continue until the undersigned is no longer required to file Forms 3, 4, 5 and Schedule 13D with regard to the undersigned's ownership of or transactions in securities of Marine Products Corporation, unless earlier revoked in writing. The undersigned acknowledges that Glenn P. Grove, Jr. is not assuming any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. ROLLINS HOLDING COMPANY, INC. By:/s/ R. Randall Rollins ---------------------------- R. Randall Rollins, President CONFIRMING STATEMENT This Statement confirms that the undersigned, Rollins Investment Fund, has authorized and designated Glenn P. Grove, Jr. to execute and file on the undersigned's behalf all Forms 3, 4, 5 and Schedule 13D (including any amendments thereto) that the undersigned may be required to file with the U.S. Securities and Exchange Commission as a result of the undersigned's ownership of or transactions in securities of Marine Products Corporation. The authority of Glenn P. Grove, Jr. under this Statement shall continue until the undersigned is no longer required to file Forms 3, 4, 5 and Schedule 13D with regard to the undersigned's ownership of or transactions in securities of Marine Products Corporation, unless earlier revoked in writing. The undersigned acknowledges that Glenn P. Grove, Jr. is not assuming any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. ROLLINS INVESTMENT FUND, by its Managing General Partners By: The R. Randall Rollins Trust U/Agreement dated August 25, 1984, as amended By: /s/ R. Randall Rollins ---------------------------------- R. Randall Rollins, Trustee CONFIRMING STATEMENT This Statement confirms that the undersigned, 1997 RRR Grandchildren's Partnership, has authorized and designated Glenn P. Grove, Jr. to execute and file on the undersigned's behalf all Forms 3, 4, 5 and Schedule 13D (including any amendments thereto) that the undersigned may be required to file with the U.S. Securities and Exchange Commission as a result of the undersigned's ownership of or transactions in securities of Marine Products Corporation. The authority of Glenn P. Grove, Jr. under this Statement shall continue until the undersigned is no longer required to file Forms 3, 4, 5 and Schedule 13D with regard to the undersigned's ownership of or transactions in securities of Marine Products Corporation, unless earlier revoked in writing. The undersigned acknowledges that Glenn P. Grove, Jr. is not assuming any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. 1997 RRR GRANDCHILDREN'S PARTNERSHIP, by its General Partner By: The R. Randall Rollins Trust U/Agreement dated December 30, 1976 /s/ Gary W. Rollins ----------------------------- Gary W. Rollins, Trustee CONFIRMING STATEMENT This Statement confirms that the undersigned, Grace C. Rollins, has authorized and designated Glenn P. Grove, Jr. to execute and file on the undersigned's behalf all Forms 3, 4, 5 and Schedule 13D (including any amendments thereto) that the undersigned may be required to file with the U.S. Securities and Exchange Commission as a result of the undersigned's ownership of or transactions in securities of Marine Products Corporation. The authority of Glenn P. Grove, Jr. under this Statement shall continue until the undersigned is no longer required to file Forms 3, 4, 5 and Schedule 13D with regard to the undersigned's ownership of or transactions in securities of Marine Products Corporation, unless earlier revoked in writing. The undersigned acknowledges that Glenn P. Grove, Jr. is not assuming any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. GRACE C. ROLLINS By: R. Randall Rollins as attorney-in-fact under General Power of Attorney dated October 20, 1992 /s/ R. Randall Rollins ----------------------------- R. Randall Rollins CONFIRMING STATEMENT This Statement confirms that the undersigned, RWR Management Company, LLC, has authorized and designated Glenn P. Grove, Jr. to execute and file on the undersigned's behalf all Forms 3, 4, 5 and Schedule 13D (including any amendments thereto) that the undersigned may be required to file with the U.S. Securities and Exchange Commission as a result of the undersigned's ownership of or transactions in securities of Marine Products Corporation. The authority of Glenn P. Grove, Jr. under this Statement shall continue until the undersigned is no longer required to file Forms 3, 4, 5 and Schedule 13D with regard to the undersigned's ownership of or transactions in securities of Marine Products Corporation, unless earlier revoked in writing. The undersigned acknowledges that Glenn P. Grove, Jr. is not assuming any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. RWR MANAGEMENT COMPANY, LLC by its Manager /s/ R. Randall Rollins ----------------------------- R. Randall Rollins CONFIRMING STATEMENT This Statement confirms that the undersigned, RRR Grandchildren's Custodial Partnership II, L.P., has authorized and designated Glenn P. Grove, Jr. to execute and file on the undersigned's behalf all Forms 3, 4, 5 and Schedule 13D (including any amendments thereto) that the undersigned may be required to file with the U.S. Securities and Exchange Commission as a result of the undersigned's ownership of or transactions in securities of Marine Products Corporation. The authority of Glenn P. Grove, Jr. under this Statement shall continue until the undersigned is no longer required to file Forms 3, 4, 5 and Schedule 13D with regard to the undersigned's ownership of or transactions in securities of Marine Products Corporation, unless earlier revoked in writing. The undersigned acknowledges that Glenn P. Grove, Jr. is not assuming any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. RRR GRANDCHILDREN'S CUSTODIAL PARTNERSHIP II, L.P. by its General Partner By: The 1997 RRR Grandchildren's Custodial Trust U/Agreement dated July 1, 1997 /s/ Gary W. Rollins --------------------------------- Gary W. Rollins, Trustee CONFIRMING STATEMENT This Statement confirms that the undersigned, RRR Grandchildren's Custodial Partnership IV, L.P., has authorized and designated Glenn P. Grove, Jr. to execute and file on the undersigned's behalf all Forms 3, 4, 5 and Schedule 13D (including any amendments thereto) that the undersigned may be required to file with the U.S. Securities and Exchange Commission as a result of the undersigned's ownership of or transactions in securities of Marine Products Corporation. The authority of Glenn P. Grove, Jr. under this Statement shall continue until the undersigned is no longer required to file Forms 3, 4, 5 and Schedule 13D with regard to the undersigned's ownership of or transactions in securities of Marine Products Corporation, unless earlier revoked in writing. The undersigned acknowledges that Glenn P. Grove, Jr. is not assuming any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. RRR GRANDCHILDREN'S CUSTODIAL PARTNERSHIP IV, L.P., by its General Partner By: RRR Grandchildren's Custodial Partnership II, L.P., by its General Partner The 1997 RRR Grandchildren's Custodial Trust U/Agreement dated July 1, 1997 /s/ Gary W. Rollins -------------------------------------- Gary W. Rollins, Trustee CONFIRMING STATEMENT This Statement confirms that the undersigned, The Gary W. Rollins Trust (U/A dtd December 30, 1976), has authorized and designated Glenn P. Grove, Jr. to execute and file on the undersigned's behalf all Forms 3, 4, 5 and Schedule 13D (including any amendments thereto) that the undersigned may be required to file with the U.S. Securities and Exchange Commission as a result of the undersigned's ownership of or transactions in securities of Marine Products Corporation. The authority of Glenn P. Grove, Jr. under this Statement shall continue until the undersigned is no longer required to file Forms 3, 4, 5 and Schedule 13D with regard to the undersigned's ownership of or transactions in securities of Marine Products Corporation, unless earlier revoked in writing. The undersigned acknowledges that Glenn P. Grove, Jr. is not assuming any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. THE GARY W. ROLLINS TRUST U/Agreement dated December 30, 1976 /s/ R. Randall Rollins ----------------------------- R. Randall Rollins, Trustee CONFIRMING STATEMENT This Statement confirms that the undersigned, RCTLOR, LLC, has authorized and designated Glenn P. Grove, Jr. to execute and file on the undersigned's behalf all Forms 3, 4, 5 and Schedule 13D (including any amendments thereto) that the undersigned may be required to file with the U.S. Securities and Exchange Commission as a result of the undersigned's ownership of or transactions in securities of Marine Products Corporation. The authority of Glenn P. Grove, Jr. under this Statement shall continue until the undersigned is no longer required to file Forms 3, 4, 5 and Schedule 13D with regard to the undersigned's ownership of or transactions in securities of Marine Products Corporation, unless earlier revoked in writing. The undersigned acknowledges that Glenn P. Grove, Jr. is not assuming any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. RCTLOR, LLC by its Managing Member By: LOR, Inc. /s/ R. Randall Rollins ----------------------------------- R. Randall Rollins, President CONFIRMING STATEMENT This Statement confirms that the undersigned, Pamela Renee Rollins, has authorized and designated Glenn P. Grove, Jr. to execute and file on the undersigned's behalf all Forms 3, 4, 5 and Schedule 13D (including any amendments thereto) that the undersigned may be required to file with the U.S. Securities and Exchange Commission as a result of the undersigned's ownership of or transactions in securities of Marine Products Corporation. The authority of Glenn P. Grove, Jr. under this Statement shall continue until the undersigned is no longer required to file Forms 3, 4, 5 and Schedule 13D with regard to the undersigned's ownership of or transactions in securities of Marine Products Corporation, unless earlier revoked in writing. The undersigned acknowledges that Glenn P. Grove, Jr. is not assuming any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. /s/ Pamela Renee Rollins ----------------------------- Pamela Renee Rollins CONFIRMING STATEMENT This Statement confirms that the undersigned, Timothy Curtis Rollins, has authorized and designated Glenn P. Grove, Jr. to execute and file on the undersigned's behalf all Forms 3, 4, 5 and Schedule 13D (including any amendments thereto) that the undersigned may be required to file with the U.S. Securities and Exchange Commission as a result of the undersigned's ownership of or transactions in securities of Marine Products Corporation. The authority of Glenn P. Grove, Jr. under this Statement shall continue until the undersigned is no longer required to file Forms 3, 4, 5 and Schedule 13D with regard to the undersigned's ownership of or transactions in securities of Marine Products Corporation, unless earlier revoked in writing. The undersigned acknowledges that Glenn P. Grove, Jr. is not assuming any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. /s/ Timothy Curtis Rollins ----------------------------- Timothy Curtis Rollins CONFIRMING STATEMENT This Statement confirms that the undersigned, Amy Rollins Kreisler, has authorized and designated Glenn P. Grove, Jr. to execute and file on the undersigned's behalf all Forms 3, 4, 5 and Schedule 13D (including any amendments thereto) that the undersigned may be required to file with the U.S. Securities and Exchange Commission as a result of the undersigned's ownership of or transactions in securities of Marine Products Corporation. The authority of Glenn P. Grove, Jr. under this Statement shall continue until the undersigned is no longer required to file Forms 3, 4, 5 and Schedule 13D with regard to the undersigned's ownership of or transactions in securities of Marine Products Corporation, unless earlier revoked in writing. The undersigned acknowledges that Glenn P. Grove, Jr. is not assuming any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. /s/ Amy Rollins Kreisler ----------------------------- Amy Rollins Kreisler 1577734