Sec Form 13D Filing - ROLLINS GARY W filing for MARINE PRODUCTS CORP (MPX) - 2020-08-21

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13D
 
 
Under the Securities Exchange Act of 1934
(Amendment No. 7)
 
 Marine Products Corporation 
(Name of Issuer)
 
  Common Stock, $.10 Par Value
(Title of Class of Securities)
 
568427 10 8
(CUSIP Number)
 
Stephen D. Fox
Arnall Golden Gregory LLP
171 17th Street NW, Suite 2100
Atlanta, GA 30363
 (404) 473-8500
(Name, address and telephone number of person
authorized to receive notices and communications)
 
August 3, 2020 and August 17, 2020
(Date of event which requires filing of this statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box ☐.
 
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.
 
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
 
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 


 
 
CUSIP No. 568427 10 8

Page 2 of 29 Pages
 
1
 
Name of Reporting Person
Estate of R. Randall Rollins
 
 
2
 
Check the Appropriate Box if a Member of a Group
 
 
(a)☒
(b)☐
 
3
 
SEC Use Only
 
 
4
 
Source of Funds
OO
 
5
 
Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
 
 
 
6
 
Citizenship or Place of Organization
United States
 
7
 
Sole Voting Power
1,101,971
 
8
 
Shared Voting Power
0
 
9
 
Sole Dispositive Power
1,101,971
 
10
 
Shared Dispositive Power
0
 
11
 
Aggregate Amount Beneficially Owned by Each Reporting Person
1,101,971
 
12
 
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
 
 
13
 
Percent of Class Represented by Amount in Row (11)
3.2 percent
 
14
 
Type of Reporting Person
IN
 
 

 
 
CUSIP No. 568427 10 8

Page 3 of 29 Pages
 
1
 
Name of Reporting Person
Gary W. Rollins
 
 
2
 
Check the Appropriate Box if a Member of a Group
 
 
(a)☒
(b)☐
3
 
SEC Use Only
 
 
 
4
 
Source of Funds
OO
 
 
5
 
Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
 
 
 
6
 
Citizenship or Place of Organization
United States
 
 
7
 
Sole Voting Power
975,050
 
 
8
 
Shared Voting Power
23,409,032*
 
 
9
 
Sole Dispositive Power
975,050
 
 
10
 
Shared Dispositive Power
23,409,032*
 
 
11
 
Aggregate Amount Beneficially Owned by Each Reporting Person
24,384,082*
 
 
12
 
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
 
 
 
13
 
Percent of Class Represented by Amount in Row (11)
71.8 percent*
 
 
14
 
Type of Reporting Person
IN
 
 
 
Includes 109,296 shares of Company Common Stock held in two charitable trusts of which he is a co-trustee and as to which he shares voting and investment power. Also includes shares acquired by the following entities in connection with the dissolution of RFPS Investments III, L.P.: (a) LOR, Inc., a Georgia corporation, 19,121,663 shares (Mr. Gary W. Rollins is an officer and director of LOR, Inc., and has a 50% voting interest in it.), (b) RFT Investment Company, LLC, 297,913 shares (LOR, Inc. is the manager of RFT Investment Company, LLC), (c) LOR Investment Company, LLC, a Georgia limited liability company, 16,597 shares (LOR Investment Company, LLC is member managed, and LOR, Inc. holds a majority of all voting interests in LOR Investment Company, LLC), (d) Rollins Holding Company, Inc., a Georgia corporation, 343,479 shares (Mr. Gary W. Rollins is an officer and director of Rollins Holding Company, Inc., and has a 50% voting interest in it.), (e) RCTLOR, LLC, a Georgia limited liability company, 1,065,475 shares (LOR, Inc. is the managing member of RCTLOR, LLC), (f) 1997 RRR Grandchildren’s Partnership, a Georgia general partnership, the partners of which are multiple trusts benefiting the grandchildren and more remote descendants of his brother, Mr. R. Randall Rollins, 39,586 shares (Mr. Gary W. Rollins is a trustee of each such trust), (g) WNEG Investments, L.P., a Georgia limited partnership, 327,258 shares (Mr. Gary Rollins is the sole member of the sole general partner of WNEG Investments, L.P.), (h) two revocable trusts established by Mr. Gary W. Rollins, as to each of which he is the sole trustee, 219,149 shares, and (h) two trusts (the “Rollins Family Trusts”) for the benefit of the children and/or more remote descendants of his brother, Mr. R. Randall Rollins, 535,265 shares. Also includes an additional 74,527 shares of Company Common Stock held by one of the Rollins Family Trusts. Also includes 156,838 shares held by RFA Management Company, LLC, a Georgia limited liability company, the manager of which is LOR, Inc. Also includes 15 shares held by RFPS Investments III, L.P. The general partner of RFPS Investments III, L.P. is LOR Investment Company, LLC. Also includes 1,101,971 shares held by the Estate of R. Randall Rollins, of which Mr. Gary W. Rollins is the designated executor. The reporting person disclaims beneficial ownership of these shares except to the extent of the reporting person’s pecuniary interest. Mr. Rollins’ direct holdings include 63,421 shares acquired by Mr. Rollins in connection with the dissolution of RFPS Investments III, L.P.
 

 
 
CUSIP No. 568427 10 8

Page 4 of 29 Pages
 
1
 
Name of Reporting Person
RFA Management Company, LLC
 
 
2
 
Check the Appropriate Box if a Member of a Group
 
 
(a)☒
(b)☐
 
3
 
SEC Use Only
 
 
 
4
 
Source of Funds
OO
 
 
5
 
Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
 
 
 
6
 
Citizenship or Place of Organization
United States
 
 
7
 
 Sole Voting Power
156,838
 
 
8
 
Shared Voting Power
0
 
 
9
 
Sole Dispositive Power
156,838
 
 
10
 
Shared Dispositive Power
0
 
 
11
 
Aggregate Amount Beneficially Owned by Each Reporting Person
156,838
 
 
12
 
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
 
 
 
13
 
Percent of Class Represented by Amount in Row (11)
0.5 percent
 
 
14
 
Type of Reporting Person
OO
 
 
 

 
 
CUSIP No. 568427 10 8

Page 5 of 29 Pages
 
1
 
Name of Reporting Person
RFPS Investments III, L.P.
 
 
2
 
Check the Appropriate Box if a Member of a Group
 
 
(a)☒
(b)☐
 
3
 
SEC Use Only
 
 
 
4
 
Source of Funds
OO
 
 
5
 
Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
 
 
 
6
 
Citizenship or Place of Organization
United States
 
 
7
 
Sole Voting Power
15
 
 
8
 
Shared Voting Power
0
 
 
9
 
Sole Dispositive Power
15
 
 
10
 
Shared Dispositive Power
0
 
 
11
 
Aggregate Amount Beneficially Owned by Each Reporting Person
15
 
 
12
 
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
 
 
 
13
 
Percent of Class Represented by Amount in Row (11)
0.0 percent
 
 
14
 
Type of Reporting Person
PN
 
 
 

 
 
CUSIP No. 568427 10 8

Page 6 of 29 Pages
 
1
 
Name of Reporting Person
LOR, Inc.
 
 
2
 
Check the Appropriate Box if a Member of a Group
 
 
(a)☒
(b)☐
 
3
 
SEC Use Only
 
 
 
4
 
Source of Funds
OO
 
 
5
 
Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
 
 
 
6
 
Citizenship or Place of Organization
United States
 
 
7
 
 Sole Voting Power
19,121,663
 
 
8
 
Shared Voting Power
1,536,838*
 
 
9
 
Sole Dispositive Power
19,121,663
 
 
10
 
Shared Dispositive Power
1,536,838*
 
 
11
 
Aggregate Amount Beneficially Owned by Each Reporting Person
20,658,501*
 
 
12
 
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
 
 
 
13
 
Percent of Class Represented by Amount in Row (11)
60.8 percent*
 
 
14
 
Type of Reporting Person
CO
 
 
 
Includes 156,838 shares held by RFA Management Company, LLC, a Georgia limited liability company, the manager of which is LOR, Inc. Also includes shares acquired by the following entities in connection with the dissolution of RFPS Investments III, L.P.: (a) RFT Investment Company, LLC., 297,913 shares (LOR, Inc. is the manager of RFT Investment Company, LLC), (b) LOR Investment Company, LLC, a Georgia limited liability company, 16,597 shares (LOR Investment Company, LLC is member managed, and LOR, Inc. holds a majority of all voting interests in LOR Investment Company, LLC), and (c) RCTLOR, LLC, a Georgia limited liability company, 1,065,475 shares (LOR, Inc. is the managing member of RCTLOR, LLC). Also includes 15 shares held by RFPS Investments III, L.P. The general partner of RFPS Investments III, L.P. is LOR Investment Company, LLC. The reporting person disclaims beneficial ownership of these shares except to the extent of the reporting person’s pecuniary interest.
 
 

 
 
CUSIP No. 568427 10 8

Page 7 of 29 Pages
 
1
 
Name of Reporting Person
LOR Investment Company, LLC
 
 
2
 
Check the Appropriate Box if a Member of a Group
 
 
(a)☒
(b)☐
 
3
 
SEC Use Only
 
 
 
4
 
Source of Funds
OO
 
 
5
 
Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
 
 
 
6
 
Citizenship or Place of Organization
United States
 
 
7
 
 Sole Voting Power
16,597
 
 
8
 
Shared Voting Power
15*
 
 
9
 
Sole Dispositive Power
16,597
 
 
10
 
Shared Dispositive Power
15*
 
 
11
 
Aggregate Amount Beneficially Owned by Each Reporting Person
16,612*
 
 
12
 
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
 
 
 
13
 
Percent of Class Represented by Amount in Row (11)
0.0 percent
 
 
14
 
Type of Reporting Person
OO
 
 
 

 
 
CUSIP No. 568427 10 8

Page 8 of 29 Pages
 
1
 
Name of Reporting Person
RFT Investment Company, LLC
 
 
2
 
Check the Appropriate Box if a Member of a Group
 
 
(a)☒
(b)☐
 
3
 
SEC Use Only
 
 
 
4
 
Source of Funds
OO
 
 
5
 
Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
 
 
 
6
 
Citizenship or Place of Organization
United States
 
 
7
 
Sole Voting Power
297,913
 
 
8
 
Shared Voting Power
0
 
 
9
 
Sole Dispositive Power
297,913
 
 
10
 
Shared Dispositive Power
0
 
 
11
 
Aggregate Amount Beneficially Owned by Each Reporting Person
297,913
 
 
12
 
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
 
 
 
13
 
Percent of Class Represented by Amount in Row (11)
0.9 percent
 
 
14
 
Type of Reporting Person
OO
 
 
 
 
 
 
 
CUSIP No. 568427 10 8

Page 9 of 29 Pages
 
1
 
Name of Reporting Person
Rollins Holding Company, Inc.
 
 
2
 
Check the Appropriate Box if a Member of a Group
 
 
(a)☒
(b)☐
 
3
 
SEC Use Only
 
 
 
4
 
Source of Funds
OO
 
 
5
 
Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
 
 
 
6
 
Citizenship or Place of Organization
United States
 
 
7
 
Sole Voting Power
343,479
 
 
8
 
Shared Voting Power
0
 
 
9
 
Sole Dispositive Power
343,479
 
 
10
 
Shared Dispositive Power
0
 
 
11
 
Aggregate Amount Beneficially Owned by Each Reporting Person
343,479
 
 
12
 
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
 
 
 
13
 
Percent of Class Represented by Amount in Row (11)
1.0 percent
 
 
14
 
Type of Reporting Person
CO
 
 
 
 
 
 
 
CUSIP No. 568427 10 8

Page 10 of 29 Pages
 
1
 
Name of Reporting Person
The R. Randall Rollins Voting Trust U/A dated August 25, 1994
 
 
2
 
Check the Appropriate Box if a Member of a Group
 
 
(a)☒
(b)☐
 
3
 
SEC Use Only
 
 
 
4
 
Source of Funds
OO
 
 
5
 
Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
 
 
 
6
 
Citizenship or Place of Organization
United States
 
 
7
 
Sole Voting Power
79
 
 
8
 
Shared Voting Power
0
 
 
9
 
Sole Dispositive Power
79
 
 
10
 
Shared Dispositive Power
0
 
 
11
 
Aggregate Amount Beneficially Owned by Each Reporting Person
79
 
 
12
 
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
 
 
 
13
 
Percent of Class Represented by Amount in Row (11)
0.0 percent
 
 
14
 
Type of Reporting Person
OO
 
 
 
 
 
 
 
CUSIP No. 568427 10 8

Page 11 of 29 Pages
 
1
 
Name of Reporting Person
The Gary W. Rollins Voting Trust U/A dated September 14, 1994
 
 
2
 
Check the Appropriate Box if a Member of a Group
 
 
(a)☒
(b)☐
 
3
 
SEC Use Only
 
 
 
4
 
Source of Funds
OO
 
 
5
 
Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
 
 
 
6
 
Citizenship or Place of Organization
United States
 
 
7
 
Sole Voting Power
79
 
 
8
 
Shared Voting Power
0
 
 
9
 
Sole Dispositive Power
79
 
 
10
 
Shared Dispositive Power
0
 
 
11
 
Aggregate Amount Beneficially Owned by Each Reporting Person
79
 
 
12
 
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
 
 
 
13
 
Percent of Class Represented by Amount in Row (11)
0.0 percent
 
 
14
 
Type of Reporting Person
OO
 
 
 
 
 
 
 
CUSIP No. 568427 10 8

Page 12 of 29 Pages
 
1
 
Name of Reporting Person
RCTLOR, LLC
 
 
2
 
Check the Appropriate Box if a Member of a Group
 
 
(a)☒
(b)☐
 
3
 
SEC Use Only
 
 
 
4
 
Source of Funds
OO
 
 
5
 
Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
 
 
 
6
 
Citizenship or Place of Organization
United States
 
 
7
 
Sole Voting Power
1,065,475
 
 
8
 
Shared Voting Power
0
 
 
9
 
Sole Dispositive Power
1,065,475
 
 
10
 
Shared Dispositive Power
0
 
 
11
 
Aggregate Amount Beneficially Owned by Each Reporting Person
1,065,475
 
 
12
 
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
 
 
 
13
 
Percent of Class Represented by Amount in Row (11)
3.1 percent
 
 
14
 
Type of Reporting Person
OO
 
 
 
 
 
 
 
 
 
 
 
CUSIP No. 568427 10 8

Page 13 of 29 Pages
 
1
 
Name of Reporting Person
1997 RRR Grandchildren’s Partnership
 
 
2
 
Check the Appropriate Box if a Member of a Group
 
 
(a)☒
(b)☐
 
3
 
SEC Use Only
 
 
 
4
 
Source of Funds
OO
 
 
5
 
Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
 
 
 
6
 
Citizenship or Place of Organization
United States
 
 
7
 
Sole Voting Power
39,586
 
 
8
 
Shared Voting Power
0
 
 
9
 
Sole Dispositive Power
39,586
 
 
10
 
Shared Dispositive Power
0
 
 
11
 
Aggregate Amount Beneficially Owned by Each Reporting Person
39,586
 
 
12
 
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
 
 
 
13
 
Percent of Class Represented by Amount in Row (11)
0.1 percent
 
 
14
 
Type of Reporting Person
PN
 
 
 
 
 
 
 
 
 
CUSIP No. 568427 10 8

Page 14 of 29 Pages
 
1
 
Name of Reporting Person
2007 GWR Grandchildren’s Partnership
 
 
2
 
Check the Appropriate Box if a Member of a Group
 
 
(a)☒
(b)☐
 
3
 
SEC Use Only
 
 
 
4
 
Source of Funds
OO
 
 
5
 
Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
 
 
 
6
 
Citizenship or Place of Organization
United States
 
 
7
 
Sole Voting Power
71,089
 
 
8
 
Shared Voting Power
0
 
 
9
 
Sole Dispositive Power
71,089
 
 
10
 
Shared Dispositive Power
0
 
 
11
 
Aggregate Amount Beneficially Owned by Each Reporting Person
71,089
 
 
12
 
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
 
 
 
13
 
Percent of Class Represented by Amount in Row (11)
0.2 percent
 
 
14
 
Type of Reporting Person
PN
 
 
 
 
 
 
 
 
CUSIP No. 568427 10 8

Page 15 of 29 Pages
 
1
 
Name of Reporting Person
The Gary W. Rollins Revocable Trust
 
 
2
 
Check the Appropriate Box if a Member of a Group
 
 
(a)☒
(b)☐
 
3
 
SEC Use Only
 
 
 
4
 
Source of Funds
OO
 
 
5
 
Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
 
 
 
6
 
Citizenship or Place of Organization
United States
 
 
7
 
Sole Voting Power
219,070
 
 
8
 
Shared Voting Power
0
 
 
9
 
Sole Dispositive Power
219,070
 
 
10
 
Shared Dispositive Power
0
 
 
11
 
Aggregate Amount Beneficially Owned by Each Reporting Person
219,070
 
 
12
 
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
 

 
13
 
Percent of Class Represented by Amount in Row (11)
0.6 percent
 
 
14
 
Type of Reporting Person
OO
 
 
 
 
 
 
 
 
CUSIP No. 568427 10 8

Page 16 of 29 Pages
 
1
 
Name of Reporting Person
WNEG Investments, L.P.
 
 
2
 
Check the Appropriate Box if a Member of a Group
 
 
(a)☒
(b)☐
 
3
 
SEC Use Only
 
 
 
4
 
Source of Funds
OO
 
 
5
 
Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
 
 
 
6
 
Citizenship or Place of Organization
United States
 
 
7
 
Sole Voting Power
327,258
 
 
8
 
Shared Voting Power
0
 
 
9
 
Sole Dispositive Power
327,258
 
 
10
 
Shared Dispositive Power
0
 
 
11
 
Aggregate Amount Beneficially Owned by Each Reporting Person
327,258
 
 
12
 
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
 
 
 
13
 
Percent of Class Represented by Amount in Row (11)
1.0 percent
 
 
14
 
Type of Reporting Person
PN
 
 
 
 
 
 
 
 
CUSIP No. 568427 10 8

Page 17 of 29 Pages
 
1
 
Name of Reporting Person
The R. Randall Rollins 2012 Trust
 
 
2
 
Check the Appropriate Box if a Member of a Group
 
(a)☒
(b)☐
 
3
 
SEC Use Only
 
 
 
4
 
Source of Funds
OO
 
 
5
 
Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
 
 
 
6
 
Citizenship or Place of Organization
United States
 
 
7
 
Sole Voting Power
22,796
 
 
8
 
Shared Voting Power
0
 
 
9
 
Sole Dispositive Power
22,796
 
 
10
 
Shared Dispositive Power
0
 
 
11
 
Aggregate Amount Beneficially Owned by Each Reporting Person
22,796
 
 
12
 
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
 
 
 
13
 
Percent of Class Represented by Amount in Row (11)
0.1 percent
 
 
14
 
Type of Reporting Person
OO
 
 
 
 
 
 
 
CUSIP No. 568427 10 8

Page 18 of 29 Pages
 
Item 1.    
Security and Issuer
 
This Amendment No. 7 to Schedule 13D relates to the Common Stock, $.10 par value, of Marine Products Corporation, a Delaware corporation (the “Company”). The original Schedule 13D was filed on January 10, 2003 and was amended by Amendment No. 1 filed on May 1, 2003, Amendment No. 2 filed on January 31, 2013, Amendment No. 3 filed on August 17, 2016, Amendment No. 4 filed on November 15, 2016, Amendment No. 5 filed on August 7, 2019, and Amendment No. 6 filed on July 2, 2020 (collectively the “Schedule 13D, as amended”). The principal executive office of the Company is located at:
 
2801 Buford Highway, Suite 300
Atlanta, Georgia 30329
 
Item 2.     
Identity and Background
 
1.
The Estate of R. Randall Rollins is a reporting person filing this statement. Its principal business address is c/o RFA Management Company, LLC, 1908 Cliff Valley Way NE, Atlanta, Georgia 30329.
 
(d)
None.
 
(e)
None.
 
2.
(a)             Gary W. Rollins is a reporting person filing this statement.
 
(b)         
His principal business address is 2170 Piedmont Road, N.E., Atlanta, Georgia 30324.
 
(c)            
His principal occupation is Vice Chairman and Chief Executive Officer of Rollins, Inc., engaged in the provision of pest and termite control services, the business address of which is 2170 Piedmont Road, N.E., Atlanta, Georgia 30324.
 
(d)
None.
 
(e)
None.
 
(f)
United States.
 
 
 
 
CUSIP No. 568427 10 8

Page 19 of 29 Pages
 
3.
RFA Management Company, LLC is a reporting person filing this statement. It is a Georgia limited liability company, and its principal business address is 1908 Cliff Valley Way NE, Atlanta, Georgia 30329. Its principal business is to serve as a family office investment manager.
 
(d)
None.
 
(e)
None.
 
4.
RFPS Investments III, L.P. is a reporting person filing this statement. It is a Georgia limited partnership, and its principal business address is c/o RFA Management Company, LLC, 1908 Cliff Valley Way NE, Atlanta, Georgia 30329. Its principal business is to serve as a private investment holding company.
 
(d)
None.
 
(e)
None.
 
5.
LOR, Inc. is a reporting person filing this statement. It is a Georgia corporation, and its principal business address is c/o RFA Management Company, LLC, 1908 Cliff Valley Way NE, Atlanta, Georgia 30329. Its principal business is to serve as a private investment holding company.
 
(d)
None.
 
(e)
None.
  
6.
LOR Investment Company, LLC is a reporting person filing this statement. It is a Georgia limited liability company, and its principal business address is c/o RFA Management Company, LLC, 1908 Cliff Valley Way NE, Atlanta, Georgia 30329. Its principal business is to serve as a private investment holding company.
 
(d)
None.
 
(e)
None.
  
7. 
RFT Investment Company, LLC is a reporting person filing this statement. It is a Georgia limited liability company, and its principal business address is c/o RFA Management Company, LLC, 1908 Cliff Valley Way NE, Atlanta, Georgia 30329. Its principal business is to serve as a private investment holding company.
 
(d)
None.
 
(e)
None.
 
 
 
 
CUSIP No. 568427 10 8

Page 20 of 29 Pages
 
8. 
Rollins Holding Company, Inc. is a reporting person filing this statement. It is a Georgia corporation, and its principal business address is c/o RFA Management Company, LLC, 1908 Cliff Valley Way NE, Atlanta, Georgia 30329. Its principal business is to serve as a private investment holding company.
 
(d)
None.
 
(e)
None.
  
9. 
The R. Randall Rollins Voting Trust U/A dated August 25, 1994 (the “RRR Voting Trust”) is a reporting person filing this statement. RRR Voting Trust is a revocable trust established by and for the benefit of R. Randall Rollins. Timothy C. Rollins is a trustee of RRR Voting Trust. The principal business address of RRR Voting Trust is c/o RFA Management Company, LLC, 1908 Cliff Valley Way NE, Atlanta, Georgia 30329.
 
(d)
None.
 
(e)
None.
 
10. 
The Gary W. Rollins Voting Trust U/A dated September 14, 1994 (the “GWR Voting Trust”) is a reporting person filing this statement. GWR Voting Trust is a revocable trust established by and for the benefit of Gary W. Rollins. Gary W. Rollins is the sole trustee of GWR Voting Trust. The principal business address of GWR Voting Trust is c/o RFA Management Company, LLC, 1908 Cliff Valley Way NE, Atlanta, Georgia 30329.
 
(d)
None.
 
(e)
None.
 
11. 
RCTLOR, LLC is a reporting person filing this statement. It is a Georgia limited liability company, and its principal business address is c/o RFA Management Company, LLC, 1908 Cliff Valley Way NE, Atlanta, Georgia 30329. Its principal business is to serve as a private investment holding company.
 
(d)
None.
 
(e)
None.
  
12. 
1997 RRR Grandchildren’s Partnership is a reporting person filing this statement. It is a Georgia general partnership, and its principal business address is c/o RFA Management Company, LLC, 1908 Cliff Valley Way NE, Atlanta, Georgia 30329. It is a family investment entity.
 
(d)
None.
 
(e)
None.
 
13. 
2007 GWR Grandchildren’s Partnership is a reporting person filing this statement. It is a Georgia general partnership, and its principal business address is c/o RFA Management Company, LLC, 1908 Cliff Valley Way NE, Atlanta, Georgia 30329. It is a family investment entity.
 
 
(d)
None.
 
(e)
None.
  
 
 
 
CUSIP No. 568427 10 8

Page 21 of 29 Pages
 
14. 
The Gary W. Rollins Revocable Trust is a revocable trust established by and for the benefit of Gary W. Rollins. Gary W. Rollins is the sole trustee of The Gary W. Rollins Revocable Trust. The principal business address of The Gary W. Rollins Revocable Trust is c/o RFA Management Company, LLC, 1908 Cliff Valley Way NE, Atlanta, Georgia 30329.
 
(d)            
None.
 
(e)            
None.
 
15. 
WNEG Investments, L.P. is a reporting person filing this statement. It is a Georgia limited partnership, and its principal business address is c/o RFA Management Company, LLC, 1908 Cliff Valley Way NE, Atlanta, Georgia 30329. It is a family investment entity.
 
(d)
None.
 
(e)
None.
 
16. 
The R. Randall Rollins 2012 Trust is a revocable trust established by and for the benefit of R. Randall Rollins. Timothy C. Rollins is a trustee of The R. Randall Rollins 2012 Trust. The principal business address of The R. Randall Rollins 2012 Trust is c/o RFA Management Company, LLC, 1908 Cliff Valley Way NE, Atlanta, Georgia 30329.
 
(d)            
None.
 
(e)            
None.
 
17. 
WNEG Management Company, LLC is the general partner of WNEG Investments, L.P., which is a reporting person filing this statement. It is a Georgia limited liability company, and its principal business address is c/o RFA Management Company, LLC, 1908 Cliff Valley Way NE, Atlanta, Georgia 30329. It is a family investment entity, and Gary W. Rollins is its sole manager and member.
 
(d)
None.
 
(e)
None.
 
18. 
(a) 
   Thomas Hamilton Claiborne is a director of LOR, Inc., which is a reporting person filing this statement.
 
(b)
His address is 15 Ellensview Ct., Richmond, VA 23226.
 
(c)
His principal occupation is Managing Director, Mary Oppenheimer Daughters Holdings Limited, the business address of which is Mary Oppenheimer Daughters Holdings Limited, 2nd Floor Cycle 360 House, Isle of Man Business Park, Douglas, Isle of Man IM2 2QZ.
 
(d)
None.
 
(e)
None.
 
(f)
United States.
 
 
 
 
CUSIP No. 568427 10 8

Page 22 of 29 Pages
 
19. 
(a) 
   Amy R. Kreisler is a director of LOR, Inc., which is a reporting person filing this statement.
 
(b)
Her business address is 1908 Cliff Valley Way NE, Atlanta, GA 30329.
 
(c)
Her principal occupation is Executive Director—The O. Wayne Rollins Foundation and The Ma-Ran Foundation (private charitable entities), the business address of which is 1908 Cliff Valley Way NE, Atlanta, GA 30329.
 
(d)
None.
 
(e)
None.
 
(f)
United States.
  
 
20.       
(a)           
   Paul Morton is a director of LOR, Inc., which is a reporting person filing this statement.
 
(b)           
His business address is 3620 Happy Valley Road, Suite 202, Lafayette, CA 94549.
 
(c)
His principal occupation is Managing Director, Morton Management LLC, the business address of which is 3620 Happy Valley Road, Suite 202, Lafayette, CA 94549.
 
(d)
None.
 
(e)
None.
 
(f)
United States.
 
21. 
(a) 
   Pamela R. Rollins is a director of LOR, Inc., which is a reporting person filing this statement.
 
(b)
Her business address is 1908 Cliff Valley Way NE, Atlanta, GA 30329.
 
(c)
Her principal occupation is as Board member for Young Harris College, and Board member of National Monuments Foundation and the O. Wayne Rollins Foundation, the business address of which is 1908 Cliff Valley Way NE, Atlanta, GA 30329.
 
(d)
None.
 
(e)
None.
 
(f)
United States.
 
22. 
(a) 
    Timothy C. Rollins is a director of LOR, Inc., which is a reporting person filing this statement.
 
(b)
1908 Cliff Valley Way NE, Atlanta, GA 30329.
 
(c)     
His principal occupation is Vice President of Rollins Investment Company (management services), the business address of which is 1908 Cliff Valley Way NE, Atlanta, GA 30329.
 
 
 
 
CUSIP No. 568427 10 8

Page 23 of 29 Pages
 
(d)
None.
 
(e)
None.
 
(f)
United States.
  
23. 
Nine family trusts (the “1976 RRR Trusts”) are the general partners of 1997 RRR Grandchildren’s Partnership, which is a reporting person filing this statement. The 1976 RRR Trusts are irrevocable trusts established by R. Randall Rollins for the benefit of his grandchildren and more remote descendants. Gary W. Rollins is a trustee of the 1976 RRR Trusts and exercises de facto control over them. The principal business address of the 197 6 RRR Trusts is c/o RFA Management Company, LLC, 1908 Cliff Valley Way NE, Atlanta, Georgia 30329.
 
(d)
None.
 
(e)
None.
 
24. 
Four family trusts (the “1976 GWR Trusts”) are the general partners of 2007 GWR Grandchildren’s Partnership, which is a reporting person filing this statement. The 1976 GWR Trusts are irrevocable trusts established by Gary W. Rollins for the benefit of his grandchildren and more remote descendants. The principal business address of the 1976 GWR Trusts is c/o RFA Management Company, LLC, 1908 Cliff Valley Way NE, Atlanta, Georgia 30329.
 
(d)
None.
 
(e)
None.
 
25. 
(a) 
Donald P. Carson is a director and the Secretary and Treasurer of LOR, Inc., which is a reporting person filing this statement. He is also a director and the Secretary and Treasurer of Rollins Holding Company, Inc., which is a reporting person filing this statement.
 
(b)
His business address is 1908 Cliff Valley Way NE, Atlanta, GA 30329.
 
(c)
His principal occupation is President, RFA Management Company, LLC, the business address of which is 1908 Cliff Valley Way NE, Atlanta, GA 30329.
 
(d)
None.
 
(e)
None.
 
(f)
United States.
  
 
 
 
CUSIP No. 568427 10 8

Page 24 of 29 Pages
 
Item 3.  
Source and Amount of Funds or Other Consideration
 
See the Schedule 13D, as amended for historical information. Shares distributed pursuant to the Dissolution, as defined in Item 5 below, were distributed for no consideration. Mr. R. Randall Rollins died on August 17, 2020, and 1,101,971 shares became property of his estate.
 
Item 4.   
Purpose of Transaction
 
See the Schedule 13D, as amended.
 
Item 5.   
Interest in Securities of the Issuer
 
(a)-(b)                      
See the cover pages to this Amendment.
 
Mr. Thomas Claiborne does not beneficially own any shares of Company Common Stock.
 
Ms. Amy R. Kreisler beneficially owns 271,841 shares of Company Common Stock (0.8%). She has sole voting and dispositive power with respect to 162,545 shares, and shared voting and dispositive power with respect to 109,296 shares. These shares include 109,296 shares of Company Common Stock held in charitable trusts of which she is a co-trustee. Excludes 20,171 shares of Company Common Stock held indirectly through two family limited partnerships of which Ms. Kreisler is a general partner.
 
Mr. Paul Morton beneficially owns 900 shares of Company Common Stock (0.0%) as to which shares he has sole voting and dispositive power.
 
Ms. Pamela R. Rollins beneficially owns 129,151 shares of Company Common Stock (0.4%). She has sole voting and dispositive power with respect to 116,353 shares, and shared voting and dispositive power with respect to 12,798 shares. These shares include 12,798 shares of Company Common Stock held in a charitable trust of which she is a co-trustee. Excludes 20,171 shares of Company Common Stock held indirectly through two family limited partnerships of which Ms. Rollins is a general partner.
 
Mr. Timothy C. Rollins beneficially owns 75,370 shares of Company Common Stock (0.2%). He has sole voting and dispositive power with respect to 75,086 shares, and shared voting and dispositive power with respect to 284 shares. These shares include 284 shares of Company Common Stock held by his wife, as to which Mr. Rollins discla ims any beneficial interest. Excludes 20,171 shares of Company Common Stock held indirectly through two family limited partnerships of which Mr. Rollins is a general partner.
 
The 1976 RRR Trusts beneficially own 39,586 shares of Company Common Stock (0.1%). They have sole voting and dispositive power with respect to zero shares, and shared voting and dispositive power with respect to 39,586 shares. These shares include 39,586 shares of Company Common Stock held by 1997 RRR Grandchildren’s Partnership.
 
The 1976 GWR Trusts beneficially own 71,089 shares of Company Common Stock (0.2%). They have sole voting and dispositive power with respect to zero shares, and shared voting and dispositive power with respect to 71,089 shares. These shares include 71,089 shares of Company Common Stock held by 2007 GWR Grandchildren’s Partnership.
 
WNEG Management Company, LLC beneficially owns 327,258 shares of Company Common Stock (1.0%). It has sole voting and dispositive power with respect to zero shares, and shared voting and dispositive power with respect to 327,258 shares. These shares include 327,258 shares of Company Common Stock held by WNEG Investments, L.P.
 
Mr. Donald P. Carson beneficially owns zero shares of Company Common Stock (0.0%).
 
 
 
CUSIP No. 568427 10 8

Page 25 of 29 Pages
 
(c)
 
The following transactions were effected by, or with respect to, the reporting persons and the other persons listed in Item 2 within 60 days of the date hereof:
 
On June 30, 2020, pursuant to an Agreement for Dissolution of Partnership dated June 30, 2020, RFPS Management Company III, L.P. dissolved and distributed 22,497,441 shares of Company Common Stock to RFPS Investments III, L.P., and 156,838 shares of Company Common Stock to RFA Management Company, LLC, for no consideration.
 
On June 30, 2020, pursuant to an Agreement for Dissolution of Partnership dated June 30, 2020, RFPS Investments III, L.P. dissolved, and on August 3, 2020 it distributed 22,497,426 shares of Company Common Stock to its equity holders, for no consideration (the “Dissolution”).
 
In connection with the distribution of shares by RFPS Investments III, L.P. in connection with its Dissolution on June 30, 2020 described above, the following persons received shares of Company Common Stock, for no consideration:
 
o
LOR, Inc. –19,121,663 shares
o
LOR Investment Company, LLC—16,597 shares
o
Rollins Holding Company, Inc. –343,479 shares
o
RFT Investment Company, LLC—297,913 shares
o
RRR Voting Trust--79 shares
o
GWR Voting Trust--79 shares
o
RCTLOR, LLC—1,065,475 shares
o
1997 RRR Grandchildren’s Partnership—39,586 shares
o
2007 GWR Grandchildren’s Partnership—71,089 shares
o
Gary W. Rollins—63,421 shares
o
Amy R. Kreisler—160,545 shares
o
Pamela R. Rollins—106,353 shares
o
Timothy C. Rollins—70,086 shares
o
Rollins Family Trusts—535,265 shares
o
The Gary W. Rollins Revocable Trust—219,070 shares
o
WNEG Investments, L.P.—327,258 shares
o
The R. Randall Rollins 2012 Trust –22,796 shares
 
Mr. R. Randall Rollins died on August 17, 2020, and 1,101,971 shares became the property of his estate.
 
(d)
None.
 
(e)
Following the death of R. Randall Rollins on August 17, 2020, the 2007 GWR Grandchildren’s Partnership, the RRR Voting Trust, and the R. Randall Rollins 2012 Trust ceased to be a part of the reporting group and therefore ceased to beneficially own in excess of 5% of outstanding Company common stock.
 
Item 6. 
Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
 
Other than as referenced above in Items 4 and 5, the content of which is incorporated herein by reference, there are no such contracts, arrangements, understandings, or relationships with respect to any securities of the Company, including but not limited to transfer or voting of any of such securities, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss or the giving or withholding of proxies.
 
Item 7.   
Material to be Filed as Exhibits
 
See the Schedule 13D, as amended, for historical information.

(A)
Agreement of filing persons relating to filing of joint statement per Rule 13d-1(k).
 
(B)
Letter dated June 30, 2020. (incorporated by reference to Item 7(B) contained in Amendment No. 6 to Schedule 13D filed on July 2, 2020.)
 
 
 
 
CUSIP No. 568427 10 8

Page 26 of 29 Pages
 
Signature.
After reasonable inquiry each of the undersigned certifies that to the best of his knowledge and belief the information set forth in this statement is true, complete and correct.
 
RFT INVESTMENT COMPANY, LLC
By:  LOR, INC., Manager
 
By:  /s/ Gary W. Rollins                       
Gary W. Rollins, Vice President
 
 
Date: August 20, 2020
RFA MANAGEMENT COMPANY, LLC
By:  LOR, INC., Manager
 
By:  /s/ Gary W. Rollins                      
Gary W. Rollins, Vice President
 
 
Date: August 20, 2020
RFPS INVESTMENTS III, L.P.
By:  LOR INVESTMENT COMPANY, LLC, General Partner 
By:  LOR, INC., Class A Member
 
By:  /s/ Gary W. Rollins                      
Gary W. Rollins, President
 
 
Date: August 20, 2020
LOR INVESTMENT COMPANY, LLC
By:  LOR, INC., Class A Member
 
By:   /s/ Gary W. Rollins                      
 Gary W. Rollins, President
 
 
Date: August 20, 2020
ROLLINS HOLDING COMPANY, INC.
 
By:  /s/ Gary W. Rollins                      
Gary W. Rollins, Vice President
 
 
Date: August 20, 2020
GARY W. ROLLINS VOTING TRUST U/A
DATED SEPTEMBER 14, 1994
 
By:  /s/ Gary W. Rollins                      
Gary W. Rollins, trustee
 
Date: August 20, 2020
RCTLOR, LLC
By:  LOR, INC., Manager
 
By:  /s/ Gary W. Rollins                      
Gary W. Rollins, Vice President
 
 
Date: August 20, 2020
LOR, INC.
 
By:  /s/ Gary W. Rollins                      
Gary W. Rollins, Vice President
 
 
Date: August 20, 2020
 
 
 
 
CUSIP No. 568427 10 8

Page 27 of 29 Pages
 
1997 RRR GRANDCHILDREN’S PARTNERSHIP
 
By:  /s/ Gary W. Rollins                      
Gary W. Rollins, as co-trustee of the
1976 RRR Trusts, each a General Partner
 
 
Date: August 20, 2020
GARY W. ROLLINS REVOCABLE TRUST
 
By:  /s/ Gary W. Rollins                      
Gary W. Rollins, trustee
 
 
Date: August 20, 2020
WNEG INVESTMENTS, L.P.
 
By:  WNEG MANAGEMENT COMPANY, LLC,
General Partner
 
By:  /s/ Gary W. Rollins                      
Gary W. Rollins, Sole Manager and Member
 
 
Date: August 20, 2020
/s/ Gary W. Rollins                      
GARY W. ROLLINS
 
 
Date: August 20, 2020
R. RANDALL ROLLINS VOTING TRUST U/A
DATED AUGUST 25, 1994
 
  By:   /s/ Timothy C. Rollins                      
Timothy C. Rollins, trustee
 
 
Date: August 20, 2020
2007 GWR GRANDCHILDREN’S PARTNERSHIP
 
By:  /s/ Donald P. Carson                      
Donald P. Carson, as co-trustee of the
1976 GWR Trusts, each a General Partner
 
 
Date: August 20, 2020
R. RANDALL ROLLINS 2012 TRUST
 
By:  /s/ Timothy C. Rollins                      
Timothy C. Rollins, trustee
 
 
Date: August 20, 2020
ESTATE OF R. RANDALL ROLLINS
 
By:  /s/ Gary W. Rollins                      
Gary W. Rollins, Designated Executor
 
Date: August 20, 2020
 
 
 
 
CUSIP No. 568427 10 8

Page 28 of 29 Pages
 
EXHIBIT A
 
 
The undersigned each hereby certifies and agrees that the above Amendment to Schedule 13D concerning securities issued by Marine Products Corporation is being filed on behalf of each of the undersigned.
 
 
RFT INVESTMENT COMPANY, LLC
By:  LOR, INC., Manager
 
By:  /s/ Gary W. Rollins                      
Gary W. Rollins, Vice President
 
 
Date: August 20, 2020
RFA MANAGEMENT COMPANY, LLC
By:  LOR, INC., Manager
 
By:  /s/ Gary W. Rollins                      
Gary W. Rollins, Vice President
 
 
Date: August 20, 2020
RFPS INVESTMENTS III, L.P.
By:  LOR INVESTMENT COMPANY, LLC, General Partner 
By:  LOR, INC., Class A Member
 
By:  /s/ Gary W. Rollins                      
Gary W. Rollins, President
 
 
Date: August 20, 2020
LOR INVESTMENT COMPANY, LLC
By:  LOR, INC., Class A Member
 
By:  /s/ Gary W. Rollins                      
Gary W. Rollins, President
 
 
Date: August 20, 2020
ROLLINS HOLDING COMPANY, INC.
 
By: /s/ Gary W. Rollins
Gary W. Rollins, Vice President
 
 
Date: August 20, 2020
GARY W. ROLLINS VOTING TRUST U/A
DATED SEPTEMBER 14, 1994
 
By:  /s/ Gary W. Rollins                      
Gary W. Rollins, trustee
 
Date: August 20, 2020
RCTLOR, LLC
By:  LOR, INC., Manager
 
By:  /s/ Gary W. Rollins                      
Gary W. Rollins, Vice President
 
 
Date: August 20, 2020
LOR, INC.
 
By:  /s/ Gary W. Rollins                      
Gary W. Rollins, Vice President
 
 
Date: August 20, 2020
 
 
 
 
CUSIP No. 568427 10 8

Page 29 of 29 Pages
 
1997 RRR GRANDCHILDREN’S PARTNERSHIP
 
By:  /s/ Gary W. Rollins                      
Gary W. Rollins, as co-trustee of the
1976 RRR Trusts, each a General Partner
 
 
Date: August 20, 2020
GARY W. ROLLINS REVOCABLE TRUST
 
By:  /s/ Gary W. Rollins                      
Gary W. Rollins, trustee
 
 
Date: August 20, 2020
WNEG INVESTMENTS, L.P.
 
      By:  WNEG MANAGEMENT COMPANY, LLC,
General Partner
 
By:  /s/ Gary W. Rollins                      
Gary W. Rollins, Sole Manager and Member
 
 
Date: August 20, 2020
/s/ Gary W. Rollins                      
GARY W. ROLLINS
 
 
Date: August 20, 2020
R. RANDALL ROLLINS VOTING TRUST U/A
DATED AUGUST 25, 1994
 
By:  /s/ Timothy C. Rollins                      
Timothy C. Rollins, trustee
 
 
Date: August 20, 2020
2007 GWR GRANDCHILDREN’S PARTNERSHIP
 
By:  /s/ Donald P. Carson                      
Donald P. Carson, as co-trustee of the
1976 GWR Trusts, each a General Partner
 
 
Date: August 20, 2020
R. RANDALL ROLLINS 2012 TRUST
 
By:  /s/ Timothy C. Rollins                      
Timothy C. Rollins, trustee
 
 
Date: August 20, 2020
ESTATE OF R. RANDALL ROLLINS
 
By:  /s/ Gary W. Rollins                      
Gary W. Rollins, Designated Executor
 
Date: August 20, 2020