UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
washington, d.c. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): July 25, 2017

 

MARINE PRODUCTS CORPORATION

(Exact name of registrant as specified in its charter)

 

 

Delaware		1-16263		58-2572419
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)

 

2801 Buford Highway NE, Suite 520, Atlanta, Georgia 30329
(Address of principal executive office) (zip code)

Registrant's telephone number, including area code: (404) 321-7910

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

(d)

On July 25, 2017, the Board of Directors of Marine Products Corporation (the “Company”) appointed Pamela R. Rollins as a Class III Director. Ms. Rollins’ term will expire in 2019, and she is expected to stand for election by the stockholders at that time. Ms. Rollins has not been appointed to any committee of the Board of Directors and will be compensated on the same basis as the other non-employee directors. There are no transactions between Ms. Rollins and the Company that would be reportable under Item 404(a) of Regulation S-K, and no arrangements or understandings with any persons pursuant to which she was selected as a director. Ms. Rollins is the daughter of the Chairman of the Company, R. Randall Rollins.

 

Item 9.01 Financial Statements and Exhibits.

 

(d)     Exhibits.

 

Exhibit 99 - Press Release dated July 25, 2017

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, Marine Products Corporation has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

	Marine Products Corporation
Date: July 25, 2017	/s/ Ben M. Palmer
	Ben M. Palmer
	Vice President,
	Chief Financial Officer and Treasurer