PALMER BEN M - 24 Jan 2023 Form 4 Insider Report for MARINE PRODUCTS CORP (MPX)

Signature
/s/ Ben M. Palmer
Issuer symbol
MPX
Transactions as of
24 Jan 2023
Transactions value $
-$14,897
Form type
4
Filing time
26 Jan 2023, 15:01:41 UTC
Previous filing
25 Jan 2023
Next filing
30 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPX Common Stock, $.10 Par Value Tax liability -$14.9K -1.13K -0.28% $13.23 399K 24 Jan 2023 Direct
transaction MPX Common Stock, $.10 Par Value Award +38.3K +9.59% 437K 24 Jan 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 38,250 shares of restricted stock that vest annually in 25 percent increments beginning in 2024.