SC 13G 1 rollins13g202.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ---------------- SCHEDULE 13G INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13-D(1)(B)(C), AND (D) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(B) (AMENDMENT NO. ___) Marine Products Corporation -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.10 par value per share -------------------------------------------------------------------------------- (Title and Class of Securities) 568427 10 8 -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2001 -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |_| Rule 13d-1(b) |_| Rule 13d-1(c) |X| Rule 13d-1(d) ---------------- *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 the disclosures provided in a prior cover page. The information required in 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 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 13G (l) Names of Reporting Persons I.R.S. Identification No. of Above Persons (Entities Only) R. Randall Rollins -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (a) X ------------ (b) ------------ -------------------------------------------------------------------------------- (3) SEC Use Only -------------------------------------------------------------------------------- (4) Citizenship or Place of Organization United States -------------------------------------------------------------------------------- Number of (5) Sole Voting Power - 652,005(1) Shares ---------------------------------------------------------------- Beneficially (6) Shared Voting Power - 8,599,117(2) Owned by ---------------------------------------------------------------- Each (7) Sole Dispositive Power - 652,005(1) Reporting ---------------------------------------------------------------- Person With (8) Shared Dispositive Power - 8,599,117(2) -------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person 9,251,122(1)(2) -------------------------------------------------------------------------------- (10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares ------- -------------------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row 9 54.3 percent(1)(2) -------------------------------------------------------------------------------- (12) Type of Reporting Person IN -------------------------------------------------------------------------------- (1) Includes 301,971 shares of common stock owned directly. Also, includes 305,976 shares held by Rollins Investment Fund, a Georgia general partnership, of which Mr. Rollins is a general partner. Also includes 44,058 shares held by RWR Investment partnership, a Georgia limited partnership, of which Mr. Rollins is a general partner. 2 (2) Includes 50,126 shares of common stock held as trustee, guardian, or custodian for his children or as custodian for the children of his brother, Gary W. Rollins. Also includes 831,336 shares of common stock in four trusts of which he is a co-trustee and as to which he shares voting and investment power. Also includes 7,496,296 shares owned by LOR, Inc. Mr. Rollins is an officer, director and stockholder of LOR, Inc. Also includes 207,360 shares owned by Rollins Holding Company, Inc. Mr. Rollins is an officer, director and stockholder of Rollins Holding Company, Inc. Includes 13,999 shares of common stock held by Mr. Rollins' spouse. 3 CUSIP NO. 568427 10 8 13G (l) Names of Reporting Persons I.R.S. Identification No. of Above Persons (Entities Only) Gary W. Rollins -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (a) X ------------ (b) ------------ -------------------------------------------------------------------------------- (3) SEC Use Only -------------------------------------------------------------------------------- (4) Citizenship or Place of Organization United States -------------------------------------------------------------------------------- Number of (5) Sole Voting Power - 810,776(1) Shares ---------------------------------------------------------------- Beneficially (6) Shared Voting Power - 8,598,557(2) Owned by ---------------------------------------------------------------- Each (7) Sole Dispositive Power - 810,776(1) Reporting ---------------------------------------------------------------- Person With (8) Shared Dispositive Power - 8,598,557(2) -------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person 9,409,333(1)(2) -------------------------------------------------------------------------------- (10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares ------- -------------------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row 9 55.3 percent(1)(2) -------------------------------------------------------------------------------- (12) Type of Reporting Person IN -------------------------------------------------------------------------------- (1) Includes 405,169 shares of common stock owned directly. Also, includes 405,607 shares held by Rollins Investment Fund, a Georgia general partnership, of which Mr. Rollins is a general partner. 4 (2) Includes 19,691 shares of common stock held as trustee, guardian, or custodian for his children or as custodian for the children of his brother, R. Randall. Rollins. Also includes 815,208 shares of common stock in four trusts of which he is a co-trustee and as to which he shares voting and investment power. Also includes 7,496,296 shares owned by LOR, Inc. Mr. Rollins is an officer, director and stockholder of LOR, Inc. Also includes 207,360 shares owned by Rollins Holding Company, Inc. Mr. Rollins is an officer, director and stockholder of Rollins Holding Company, Inc. Includes 60,002 shares of common stock held by Mr. Rollins' spouse. 5 CUSIP NO. 568427 10 8 13G (l) Names of Reporting Persons I.R.S. Identification No. of Above Persons (Entities Only) LOR, Inc. -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (a) X ------------ (b) ------------ -------------------------------------------------------------------------------- (3) SEC Use Only -------------------------------------------------------------------------------- (4) Citizenship or Place of Organization Georgia -------------------------------------------------------------------------------- Number of (5) Sole Voting Power - 7,496,296(1) Shares ---------------------------------------------------------------- Beneficially (6) Shared Voting Power - 0 Owned by ---------------------------------------------------------------- Each (7) Sole Dispositive Power - 7,496,296(1) Reporting ---------------------------------------------------------------- Person With (8) Shared Dispositive Power - 0 -------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person 7,496,296(1) -------------------------------------------------------------------------------- (10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares ------- -------------------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row 9 44.0 percent(1) -------------------------------------------------------------------------------- (12) Type of Reporting Person CO -------------------------------------------------------------------------------- (1) Each of Randall Rollins and Gary W. Rollins serve as an officer and director of LOR, Inc. 6 CUSIP NO. 743 168 106 13G Item l(a) Name of Issuer: Marine Products Corporation Item l(b) Address of Issuer's Principal Executive Offices: 2170 Piedmont Road, N.E. Atlanta, Georgia 30324 Item 2(a) Name of Persons Filing: See item (l) of the cover pages Item 2(b) Address of Principal Business Office: 2170 Piedmont Road, N.E. Atlanta, Georgia 30324 Item 2(c) Citizenship: See item (4) of cover pages Item 2(d) Title of Class of Securities: Common Stock, $.10 Par Value Per Share Item 2(e) CUSIP Number: 568427 10 8 Item 3. Not applicable Item 4. Ownership. (a) Amount beneficially owned: See item (9) of cover pages (b) Percent of Class: See item (11) of cover pages 7 CUSIP NO. 568427 10 8 13G (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: See item (5) of cover pages (ii) shared power to vote or to direct the vote: See item (6) of cover pages (iii) sole power to dispose or to direct the disposition of: See item (7) of cover pages (iv) shared power to dispose or to direct the disposition of: See item (8) of cover pages Item 5. Ownership of Five Percent or Less of a Class: Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person: Not applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person: Not applicable Item 8. Identification and Classification of Members of the Group: The identity of each member of the Group are as follows: R. Randall Rollins Gary W. Rollins LOR, Inc. Item 9. Notice of Dissolution of Group: Not applicable Item 10. Certification: Not Applicable. 8 CUSIP NO. 568427 10 8 13G SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 14, 2002 /s/ R. Randall Rollins ------------------------------------------------ R. Randall Rollins /s/ Gary W. Rollins ------------------------------------------------ Gary W. Rollins LOR, INC. By: /s/ Joe M. Young --------------------------------------------- Its: Secretary-Treasurer --------------------------------------------- 9 1444688