UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)
Rollins, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $1.00 Par Value
- --------------------------------------------------------------------------------
(Title of Class of Securities)
775711 10 4
- --------------------------------------------------------------------------------
(CUSIP Number)
B. Joseph Alley, Jr.
2800 One Atlantic Center
1201 West Peachtree Street
Atlanta, Georgia 30309-3400
(404) 873-8688
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
12/31/02
- --------------------------------------------------------------------------------
(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(b)(3) or (4), check the following box |_|.
Check the following box if a fee is being paid with the statement |_|. (A fee is
not required only if the reporting person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) 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. 775711 10 4
====================================================================================================================
1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person
R. Randall Rollins
- --------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a)|X|
(b)|_|
- --------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------------------------------------------
4 Source of Funds
00
- --------------------------------------------------------------------------------------------------------------------
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
36,848***
- --------------------------------------------------------------------------------------------------------------------
8 Shared Voting Power
14,697,885*
- --------------------------------------------------------------------------------------------------------------------
9 Sole Dispositive Power
36,848***
- --------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power
14,697,885*
- --------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
14,734,733*
- --------------------------------------------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares |X|
- --------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
49.3 percent*
- --------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person
IN
====================================================================================================================
* Does not include 62,903** shares of the Company held by his wife. Includes
14,079,185** shares of the Company held by RFPS Investments I, L.P. of
which LOR Investment Company, LLC, a Georgia limited liability company,
wholly owned by LOR, Inc., is the general partner. Mr. Rollins is an
officer, director, and owner of 50% of the voting stock of LOR, Inc.
** Mr. Rollins disclaims any beneficial interest in these holdings.
*** Includes 14,679** shares held as Trustee.
2
CUSIP No. 775711 10 4
===================================================================================================================
1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person
Gary W. Rollins
- --------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a)|X|
(b)|_|
- --------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------------------------------------------
4 Source of Funds
00
- --------------------------------------------------------------------------------------------------------------------
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
455,871
- --------------------------------------------------------------------------------------------------------------------
8 Shared Voting Power
14,697,885*
- --------------------------------------------------------------------------------------------------------------------
9 Sole Dispositive Power
455,871
- --------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power
14,697,885*
- --------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
15,153,756*
- --------------------------------------------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares |X|
- --------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
50.7 percent*
- --------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person
IN
====================================================================================================================
* Does not include 70,323** shares of the Company held by his wife. Includes
14,079,185** shares of the Company held by RFPS Investments I, L.P. of
which LOR Investment Company, LLC, a Georgia limited liability company,
wholly owned by LOR, Inc., is the general partner. Mr. Rollins is an
officer, director, and owner of 50% of the voting stock of LOR, Inc
** Mr. Rollins disclaims any beneficial interest in these holdings.
3
CUSIP No. 775711 10 4
====================================================================================================================
1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person
RFPS Investments I, L.P.
- --------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a)|X|
(b)|_|
- --------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------------------------------------------
4 Source of Funds
00
- --------------------------------------------------------------------------------------------------------------------
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
14,079,185
- --------------------------------------------------------------------------------------------------------------------
8 Shared Voting Power
0
- --------------------------------------------------------------------------------------------------------------------
9 Sole Dispositive Power
14,079,185
- --------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power
0
- --------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
14,079,185
- --------------------------------------------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
47.1 percent
- --------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person
PN
====================================================================================================================
4
CUSIP No. 775711 10 4
====================================================================================================================
1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person
LOR, Inc.
- --------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a)|X|
(b)|_|
- --------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------------------------------------------
4 Source of Funds
00
- --------------------------------------------------------------------------------------------------------------------
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
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
8 Shared Voting Power
0
- --------------------------------------------------------------------------------------------------------------------
9 Sole Dispositive Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power
0
- --------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
47.1 percent*
- --------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person
CO
====================================================================================================================
* Includes 14,079,185 shares owned by RFPS Investments I, L.P. (the
"Partnership"). The reporting person is a limited partner of the
Partnership. The reporting person disclaims beneficial ownership of these
shares except to the extent of the reporting person's pecuniary interest.
LOR Investment Company, LLC, the general partner of the Partnership, is
wholly owned by the reporting person.
5
CUSIP No. 775711 10 4
====================================================================================================================
1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person
LOR Investment Company, LLC
- --------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a)|X|
(b)|_|
- --------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------------------------------------------
4 Source of Funds
WC
- --------------------------------------------------------------------------------------------------------------------
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
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
8 Shared Voting Power
0
- --------------------------------------------------------------------------------------------------------------------
9 Sole Dispositive Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power
0
- --------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
47.1 percent*
- --------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person
CO
====================================================================================================================
* Includes 14,079,185 shares owned by RFPS Investments I, L.P. (the
"Partnership"). The reporting person is the general partner of the
Partnership. The reporting person disclaims beneficial ownership of these
shares except to the extent of the reporting person's pecuniary interest.
The reporting person is wholly owned by LOR, Inc.
6
CUSIP No. 775711 10 4
====================================================================================================================
1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person
Rollins Holding Company, Inc.
- --------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a)|X|
(b)|_|
- --------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------------------------------------------
4 Source of Funds
00
- --------------------------------------------------------------------------------------------------------------------
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
0
- --------------------------------------------------------------------------------------------------------------------
8 Shared Voting Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
9 Sole Dispositive Power
0
- --------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
47.1 percent*
- --------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person
CO
====================================================================================================================
* Includes 14,079,185 shares owned by RFPS Investments I, L.P. (the
"Partnership"). The reporting person is a limited partner of the Partnership.
The reporting person disclaims beneficial ownership of these shares except to
the extent of the reporting person's pecuniary interest.
7
CUSIP No. 775711 10 4
====================================================================================================================
1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person
Grace C. Rollins
- --------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a)|X|
(b)|_|
- --------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------------------------------------------
4 Source of Funds
00
- --------------------------------------------------------------------------------------------------------------------
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
0
- --------------------------------------------------------------------------------------------------------------------
8 Shared Voting Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
9 Sole Dispositive Power
0
- --------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
47.1 percent*
- --------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person
IN
====================================================================================================================
* Includes 14,079,185 shares owned by RFPS Investments I, L.P. (the
"Partnership"). The reporting person is a limited partner of the Partnership.
The reporting person disclaims beneficial ownership of these shares except to
the extent of the reporting person's pecuniary interest.
8
CUSIP No. 775711 10 4
====================================================================================================================
1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person
RWR Management Company, LLC
- --------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a)|X|
(b)|_|
- --------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------------------------------------------
4 Source of Funds
00
- --------------------------------------------------------------------------------------------------------------------
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
0
- --------------------------------------------------------------------------------------------------------------------
8 Shared Voting Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
9 Sole Dispositive Power
0
- --------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
47.1 percent*
- --------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person
CO
====================================================================================================================
* Includes 14,079,185 shares owned by RFPS Investments I, L.P. (the
"Partnership"). The reporting person is a limited partner of the Partnership.
The reporting person disclaims beneficial ownership of these shares except to
the extent of the reporting person's pecuniary interest.
9
CUSIP No. 775711 10 4
====================================================================================================================
1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person
RRR Grandchildren's Custodial Partnership I, L.P.
- --------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a)|X|
(b)|_|
- --------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------------------------------------------
4 Source of Funds
00
- --------------------------------------------------------------------------------------------------------------------
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
0
- --------------------------------------------------------------------------------------------------------------------
8 Shared Voting Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
9 Sole Dispositive Power
0
- --------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
47.1 percent*
- --------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person
PN
====================================================================================================================
* Includes 14,079,185 shares owned by RFPS Investments I, L.P. (the
"Partnership"). The reporting person is a limited partner of the Partnership.
The reporting person disclaims beneficial ownership of these shares except to
the extent of the reporting person's pecuniary interest.
10
CUSIP No. 775711 10 4
====================================================================================================================
1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person
JR Partnership, L.P.
- --------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a)|X|
(b)|_|
- --------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------------------------------------------
4 Source of Funds
00
- --------------------------------------------------------------------------------------------------------------------
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
0
- --------------------------------------------------------------------------------------------------------------------
8 Shared Voting Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
9 Sole Dispositive Power
0
- --------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
47.1 percent*
- --------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person
PN
====================================================================================================================
* Includes 14,079,185 shares owned by RFPS Investments I, L.P. (the
"Partnership"). The reporting person is a limited partner of the Partnership.
The reporting person disclaims beneficial ownership of these shares except to
the extent of the reporting person's pecuniary interest.
11
CUSIP No. 775711 10 4
====================================================================================================================
1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person
JPR Investment Partnership, L.P.
- --------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a)|X|
(b)|_|
- --------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------------------------------------------
4 Source of Funds
00
- --------------------------------------------------------------------------------------------------------------------
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
0
- --------------------------------------------------------------------------------------------------------------------
8 Shared Voting Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
9 Sole Dispositive Power
0
- --------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
47.1 percent*
- --------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person
PN
====================================================================================================================
* Includes 14,079,185 shares owned by RFPS Investments I, L.P. (the
"Partnership"). The reporting person is a limited partner of the Partnership.
The reporting person disclaims beneficial ownership of these shares except to
the extent of the reporting person's pecuniary interest.
12
CUSIP No. 775711 10 4
====================================================================================================================
1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person
Richard R. Rollins, Jr. Grantor Trust
- --------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a)|X|
(b)|_|
- --------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------------------------------------------
4 Source of Funds
00
- --------------------------------------------------------------------------------------------------------------------
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
0
- --------------------------------------------------------------------------------------------------------------------
8 Shared Voting Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
9 Sole Dispositive Power
0
- --------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
47.1 percent*
- --------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person
OO
====================================================================================================================
* Includes 14,079,185 shares owned by RFPS Investments I, L.P. (the
"Partnership"). The reporting person is a limited partner of the Partnership.
The reporting person disclaims beneficial ownership of these shares except to
the extent of the reporting person's pecuniary interest.
13
CUSIP No. 775711 10 4
====================================================================================================================
1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person
The Gary W. Rollins Trust
- --------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a)|X|
(b)|_|
- --------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------------------------------------------
4 Source of Funds
00
- --------------------------------------------------------------------------------------------------------------------
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
0
- --------------------------------------------------------------------------------------------------------------------
8 Shared Voting Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
9 Sole Dispositive Power
0
- --------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
47.1 percent*
- --------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person
OO
====================================================================================================================
* Includes 14,079,185 shares owned by RFPS Investments I, L.P. (the
"Partnership"). The reporting person is a limited partner of the Partnership.
The reporting person disclaims beneficial ownership of these shares except to
the extent of the reporting person's pecuniary interest.
14
CUSIP No. 775711 10 4
====================================================================================================================
1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person
RCTLOR, LLC
- --------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a)|X|
(b)|_|
- --------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------------------------------------------
4 Source of Funds
00
- --------------------------------------------------------------------------------------------------------------------
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
0
- --------------------------------------------------------------------------------------------------------------------
8 Shared Voting Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
9 Sole Dispositive Power
0
- --------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
47.1 percent*
- --------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person
OO
====================================================================================================================
* Includes 14,079,185 shares owned by RFPS Investments I, L.P. (the
"Partnership"). The reporting person is a limited partner of the Partnership.
The reporting person disclaims beneficial ownership of these shares except to
the extent of the reporting person's pecuniary interest.
15
CUSIP No. 775711 10 4
====================================================================================================================
1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person
1997 RRR Grandchildren's Partnership
- --------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a)|X|
(b)|_|
- --------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------------------------------------------
4 Source of Funds
00
- --------------------------------------------------------------------------------------------------------------------
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
0
- --------------------------------------------------------------------------------------------------------------------
8 Shared Voting Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
9 Sole Dispositive Power
0
- --------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
47.1 percent*
- --------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person
PN
====================================================================================================================
* Includes 14,079,185 shares owned by RFPS Investments I, L.P. (the
"Partnership"). The reporting person is a limited partner of the Partnership.
The reporting person disclaims beneficial ownership of these shares except to
the extent of the reporting person's pecuniary interest.
16
CUSIP No. 775711 10 4
====================================================================================================================
1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person
MRLT Partners, L.P.
- --------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a)|X|
(b)|_|
- --------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------------------------------------------
4 Source of Funds
00
- --------------------------------------------------------------------------------------------------------------------
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
0
- --------------------------------------------------------------------------------------------------------------------
8 Shared Voting Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
9 Sole Dispositive Power
0
- --------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
47.1 percent*
- --------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person
PN
====================================================================================================================
* Includes 14,079,185 shares owned by RFPS Investments I, L.P. (the
"Partnership"). The reporting person is a limited partner of the Partnership.
The reporting person disclaims beneficial ownership of these shares except to
the extent of the reporting person's pecuniary interest.
17
CUSIP No. 775711 10 4
====================================================================================================================
1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person
Pamela Renee Rollins
- --------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a)|X|
(b)|_|
- --------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------------------------------------------
4 Source of Funds
00
- --------------------------------------------------------------------------------------------------------------------
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
0
- --------------------------------------------------------------------------------------------------------------------
8 Shared Voting Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
9 Sole Dispositive Power
0
- --------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
47.1 percent*
- --------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person
IN
====================================================================================================================
* Includes 14,079,185 shares owned by RFPS Investments I, L.P. (the
"Partnership"). The reporting person is a limited partner of the Partnership.
The reporting person disclaims beneficial ownership of these shares except to
the extent of the reporting person's pecuniary interest.
18
CUSIP No. 775711 10 4
====================================================================================================================
1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person
Timothy Curtis Rollins
- --------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a)|X|
(b)|_|
- --------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------------------------------------------
4 Source of Funds
00
- --------------------------------------------------------------------------------------------------------------------
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
0
- --------------------------------------------------------------------------------------------------------------------
8 Shared Voting Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
9 Sole Dispositive Power
0
- --------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares |X|
- --------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
47.1 percent*
- --------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person
IN
===================================================================================================================
* Does not include 9,354 shares of the Company held by his wife. Includes
14,079,185 shares owned by RFPS Investments I, L.P. (the "Partnership").
The reporting person is a limited partner of the Partnership. The reporting
person disclaims beneficial ownership of these shares except to the extent
of the reporting person's pecuniary interest.
19
CUSIP No. 775711 10 4
====================================================================================================================
1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person
Amy Rollins Kreisler
- --------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a)|X|
(b)|_|
- --------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------------------------------------------
4 Source of Funds
00
- --------------------------------------------------------------------------------------------------------------------
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
0
- --------------------------------------------------------------------------------------------------------------------
8 Shared Voting Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
9 Sole Dispositive Power
0
- --------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares |X|
- --------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
47.1 percent*
- ---------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person
IN
=====================================================================================================================
* Does not include 2,899 shares of the Company held by her husband. Includes
14,079,185 shares owned by RFPS Investments I, L.P. (the "Partnership").
The reporting person is a limited partner of the Partnership. The reporting
person disclaims beneficial ownership of these shares except to the extent
of the reporting person's pecuniary interest.
20
CUSIP No. 775711 10 4
====================================================================================================================
1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person
Nancy Rollins Griffith
- --------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a)|X|
(b)|_|
- --------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------------------------------------------
4 Source of Funds
00
- --------------------------------------------------------------------------------------------------------------------
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
61,436
- --------------------------------------------------------------------------------------------------------------------
8 Shared Voting Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
9 Sole Dispositive Power
61,436
- --------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power
14,079,185*
- --------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
14,140,621*
- --------------------------------------------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares |X|
- --------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
47.3 percent*
- --------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person
IN
====================================================================================================================
* Does not include 10,589 shares of the Company held by her husband. Includes
14,079,185 shares owned by RFPS Investments I, L.P. (the "Partnership").
The reporting person is a limited partner of the Partnership. The reporting
person disclaims beneficial ownership of these shares except to the extent
of the reporting person's pecuniary interest.
21
Item 1. SECURITY AND ISSUER
This Amendment No. 2 to Schedule 13D relates to the Common Stock, $1.00 par
value, of Rollins, Inc., a Delaware corporation (the "Company"). The original
Schedule 13D ("13D") was filed on November 8, 1993, and was amended by Amendment
No. 1 ("Amendment 1") on March 5, 1996. The principal executive office of the
Company is located at:
2170 Piedmont Road, N.E.
Atlanta, Georgia 30324
Item 2. IDENTITY AND BACKGROUND
1. (a) R. Randall Rollins is a person filing this statement.
(b) c/o LOR, Inc., 2170 Piedmont Road, N.E., Atlanta, Georgia 30324.
(c) Chairman of the Board and Chief Executive Officer of RPC, Inc.,
engaged in the business of oil and gas field services and boat manufacturing,
the business address of which is 2170 Piedmont Road, N.E., Atlanta, Georgia
30324. Chairman of the Board and Chief Executive Officer of Rollins, Inc.,
engaged in the provision of pest-control, home security, lawn care and other
consumer services, the business address of which is 2170 Piedmont Road, N.E.,
Atlanta, Georgia 30324.
(d) None.
(e) None.
(f) United States.
2. (a) Gary W. Rollins is a person filing this statement.
(b) c/o LOR, Inc., 2170 Piedmont Road, N.E., Atlanta, Georgia 30324.
(c) President and Chief Operating Officer of Rollins, Inc., engaged in
the provision of pest-control, home security, lawn care and other consumer
services, the business address of which is 2170 Piedmont Road, N.E., Atlanta,
Georgia 30324.
(d) None.
(e) None.
(f) United States.
3. (a) LOR, Inc. is a reporting person filing this statement.
(b) c/o LOR, Inc., 2170 Piedmont Road, N.E., Atlanta, Georgia 30324.
(c) A Georgia corporation owned and controlled by R. Randall Rollins,
Gary W. Rollins, Rollins Family Members and Trusts benefiting Rollins Family
Members.
(d) None.
(e) None.
22
(f) United States.
4. (a) LOR Investment Company, LLC is a reporting person filing this
statement.
(b) c/o LOR, Inc., 2170 Piedmont Road, N.E., Atlanta, Georgia 30324
(c) A Georgia limited liability company, wholly owned by LOR, Inc.
(d) None.
(e) None.
(f) United States.
5. (a) Rollins Holding Company, Inc. is a reporting person filing this
statement.
(b) c/o LOR, Inc., 2170 Piedmont Road, N.E., Atlanta, Georgia 30324.
(c) A Georgia corporation owned and controlled by R. Randall Rollins,
Gary W. Rollins, Rollins Family Members and Trusts benefiting Rollins Family
Members.
(d) None.
(e) None.
(f) United States.
6. (a) RFPS Investments I, L.P. is a reporting person filing this
statement.
(b) c/o LOR, Inc., 2170 Piedmont Road, N.E., Atlanta, Georgia 30324.
(c) A Georgia limited partnership.
(d) None.
(e) None.
(f) United States.
7. (a) Grace C. Rollins is a person filing this statement.
(b) c/o LOR, Inc., 2170 Piedmont Road, N.E., Atlanta, Georgia 30324.
(c) Retired.
(d) None.
(e) None.
(f) United States.
23
8. (a) RWR Management Company, LLC is a reporting person filing this
statement.
(b) c/o LOR, Inc., 2170 Piedmont Road, N.E., Atlanta, Georgia 30324.
(c) A Georgia limited liability company, wholly owned by 1986 Robert
W. Rollins Qualified Subchapter S Trust (beneficiary is a son of R. Randall
Rollins and R. Randall Rollins is Trustee).
(d) None.
(e) None.
(f) United States.
9. (a) RRR Grandchildren's Custodial Partnership I, L.P. is a person
filing this statement.
(b) c/o LOR, Inc., 2170 Piedmont Road, N.E., Atlanta, Georgia 30324.
(c) A Georgia limited partnership owned and controlled by Gary W.
Rollins, general partner, as Trustee and beneficiary of 1997 RRR Grandchildren's
Custodial Trust and also owned by grandchildren of R. Randall Rollins as limited
partners.
(d) None.
(e) None.
(f) United States.
10. (a) JR Partnership, L.P. is a person filing this statement.
(b) c/o LOR, Inc., 2170 Piedmont Road, N.E., Atlanta, Georgia 30324.
(c) A Georgia limited partnership owned and controlled by Amy Rollins
Kreisler, general partner, as Trustee and beneficiary of 1996 Amy C. Rollins
Trust and also owned by a trust benefiting a grandson of R. Randall Rollins, the
limited partner.
(d) None.
(e) None.
(f) United States.
11. (a) JPR Investment Partnership, L.P. is a reporting person filing this
statement.
(b) c/o LOR, Inc., 2170 Piedmont Road, N.E., Atlanta, Georgia 30324.
(c) A Georgia limited partnership owned and controlled by Amy Rollins
Kreisler, general partner, as Trustee and beneficiary of 1996 Amy C. Rollins
Trust and also owned by a trust benefiting a grandson of R. Randall Rollins, the
limited partner.
(d) None.
(e) None.
24
(f) United States.
12. (a) Richard R. Rollins, Jr. Grantor Trust is a person filing this
statement.
(b) c/o LOR, Inc., 2170 Piedmont Road, N.E., Atlanta, Georgia 30324.
(c) A trust for which R. Randall Rollins is Trustee which benefits
Richard R. Rollins, Jr., a son of R. Randall Rollins.
(d) None.
(e) None.
(f) United States.
13. (a) The Gary W. Rollins Trust is a person filing this statement.
(b) c/o LOR, Inc., 2170 Piedmont Road, N.E., Atlanta, Georgia 30324.
(c) A trust for which R. Randall Rollins is a Co-Trustee in which Gary
W. Rollins and his grandchildren are beneficiaries.
(d) None.
(e) None.
(f) United States.
14. (a) RCTLOR, LLC is a person filing this statement.
(b) c/o LOR, Inc., 2170 Piedmont Road, N.E., Atlanta, Georgia 30324.
(c) A Georgia limited liability company for which LOR, Inc. acts as
Manager.
(d) None.
(e) None.
(f) United States.
15. (a) 1997 RRR Grandchildren's Partnership is a person filing this
statement.
(b) c/o LOR, Inc., 2170 Piedmont Road, N.E., Atlanta, Georgia 30324.
(c) A Georgia general partnership owned by trusts for which Gary W.
Rollins is a Co-Trustee and which grandchildren of R. Randall Rollins are
beneficiaries.
(d) None.
(e) None.
25
(f) United States.
16. (a) MRLT Partners, L.P. is a person filing this statement.
(b) c/o LOR, Inc., 2170 Piedmont Road, N.E., Atlanta, Georgia 30324.
(c) A Georgia limited partnership owned and controlled by Gary W.
Rollins, general partner, as Trustee and beneficiary of 1997 RRR Grandchildren's
Custodial Trust and also owned by the 1999 RRR Charitable Lead Annuity Trust,
the limited partner.
(d) None.
(e) None.
(f) United States.
17. (a) Pamela Renee Rollins is a person filing this statement.
(b) c/o LOR, Inc., 2170 Piedmont Road, N.E., Atlanta, Georgia 30324.
(c) Employer is Rollins, Inc./Customer Relations Manager.
(d) None.
(e) None.
(f) United States.
18. (a) Timothy Curtis Rollins is a person filing this statement.
(b) c/o LOR, Inc., 2170 Piedmont Road, N.E., Atlanta, Georgia 30324.
(c) Employer is R. Randall Rollins/Project Manager.
(d) None.
(e) None.
(f) United States.
19. (a) Amy Rollins Kreisler is a person filing this statement.
(b) c/o LOR, Inc., 2170 Piedmont Road, N.E., Atlanta, Georgia 30324.
(c) Employer is The O. Wayne Rollins Foundation/Executive Director.
(d) None.
(e) None.
(f) United States.
26
20. (a) Nancy Rollins Griffith is a person filing this statement.
(b) c/o LOR, Inc., 2170 Piedmont Road, N.E., Atlanta, Georgia 30324.
(c) Housewife.
(d) None.
(e) None.
(f) United States.
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
See 13D and Amendment 1. On December 31, 2002, each of the reporting
persons contributed the shares shown on Schedule II-A to RFPS Investments I,
L.P. (the "Partnership"). No consideration was given for the shares.
Item 4. PURPOSE OF TRANSACTION
See 13D and Amendment 1 and Item 3 above. The transactions were effected
for administration and collective management purposes. The reporting persons
currently intend to hold the shares for investment.
(a) - (j) None.
Item 5. INTEREST IN SECURITIES OF THE ISSUER
(a)-(b) See 13D and Amendment 1
(c) Transactions subsequent to October 31, 2002, are listed on Exhibit
II-B attached hereto and incorporated herein by this reference. All transactions
were effected in Atlanta, Georgia, and involved gifts or transfers for which no
consideration was given and, thus, no price is listed on Exhibit II-B.
(d) None.
(e) Not Applicable.
Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER
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
(a) Agreement of filing persons relating to filing of joint statement
per Rule 13d-1(f).
(b) Confirming Statements
(c) Summary of Transactions
27
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.
R. RANDALL ROLLINS
GARY W. ROLLINS
LOR, INC.
LOR INVESTMENT COMPANY, LLC
ROLLINS HOLDING COMPANY, INC.
RFPS INVESTMENTS I, L.P.
1997 RRR GRANDCHILDREN'S PARTNERSHIP
GRACE C. ROLLINS
RWR MANAGEMENT COMPANY, LLC
RRR GRANDCHILDREN'S CUSTODIAL
PARTNERSHIP I, L.P.
JR PARTNERSHIP, L.P.
JPR INVESTMENT PARTNERSHIP, L.P.
THE RICHARD R. ROLLINS, JR.
GRANTOR TRUST
THE GARY W. ROLLINS TRUST
MRLT PARTNERS, L.P.
RCTLOR, LLC
PAMELA RENEE ROLLINS
TIMOTHY CURTIS ROLLINS
AMY ROLLINS KREISLER
NANCY ROLLINS GRIFFITH
By: Glenn P. Grove, Jr. as attorney-in fact authorized by
Confirming Statements presented at Exhibit B
/s/ Glenn P. Grove, Jr.
- ----------------------------------------
Glenn P. Grove, Jr.
28
EXHIBIT A
The undersigned each hereby certifies and agrees that the above Amendment
to Schedule 13D concerning securities issued by Rollins, Inc. is being filed on
behalf of each of the undersigned.
R. RANDALL ROLLINS
GARY W. ROLLINS
LOR, INC.
LOR INVESTMENT COMPANY, LLC
ROLLINS HOLDING COMPANY, INC.
RFPS INVESTMENTS I, L.P.
1997 RRR GRANDCHILDREN'S PARTNERSHIP
GRACE C. ROLLINS
RWR MANAGEMENT COMPANY, LLC
RRR GRANDCHILDREN'S CUSTODIAL
PARTNERSHIP I, L.P.
JR PARTNERSHIP, L.P.
JPR INVESTMENT PARTNERSHIP, L.P.
THE RICHARD R. ROLLINS, JR.
GRANTOR TRUST
THE GARY W. ROLLINS TRUST
MRLT PARTNERS, L.P.
RCTLOR, LLC
PAMELA RENEE ROLLINS
TIMOTHY CURTIS ROLLINS
AMY ROLLINS KREISLER
NANCY ROLLINS GRIFFITH
By: Glenn P. Grove, Jr. as attorney-in fact authorized by
Confirming Statements presented at Exhibit B
/s/ Glenn P. Grove, Jr.
- ----------------------------------------
Glenn P. Grove, Jr.
29
EXHIBIT B
CONFIRMING STATEMENT
This Statement confirms that the undersigned, R. Randall Rollins, has authorized
and designated Glenn P. Grove, Jr. to execute and file on the undersigned's
behalf all Forms 3, 4, and 5 (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 Rollins, Inc. The authority of Glenn P. Grove, Jr. under this
Statement shall continue until the undersigned is no longer required to file
Forms 3, 4, and 5 with regard to the undersigned's ownership of or transactions
in securities of Rollins, Inc., 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/ R. Randall Rollins
---------------------------------
R. Randall Rollins
30
1564194v1
CONFIRMING STATEMENT
This Statement confirms that the undersigned, Gary W. Rollins, has authorized
and designated Glenn P. Grove, Jr. to execute and file on the undersigned's
behalf all Forms 3, 4, and 5 (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 Rollins, Inc. The authority of Glenn P. Grove, Jr. under this
Statement shall continue until the undersigned is no longer required to file
Forms 3, 4, and 5 with regard to the undersigned's ownership of or transactions
in securities of Rollins, Inc., 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/ Gary W. Rollins
-----------------------------
Gary W. Rollins
31
1577928v1
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 Rollins, Inc. 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 Rollins, Inc., 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
32
CONFIRMING STATEMENT
This Statement confirms that the undersigned, RFPS Investments I, 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 Rollins, Inc. 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 Rollins, Inc., 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 I, LP
By: LOR Investment Company, LLC,
general partner
By: LOR, Inc., sole member
By: /s/ R. Randall Rollins
-------------------------------------
R. Randall Rollins, President
33
CONFIRMING STATEMENT
This Statement confirms that the undersigned, LOR, 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 Rollins, Inc. 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 Rollins, Inc., 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, INC.
By: /s/ R. Randall Rollins
-----------------------------------
R. Randall Rollins, President
34
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 Rollins, Inc. 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 Rollins, Inc., 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
35
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 Rollins, Inc. 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 Rollins, Inc.,
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
36
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 Rollins, Inc. 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 Rollins, Inc., 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
37
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 Rollins, Inc. 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 Rollins, Inc., 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
38
CONFIRMING STATEMENT
This Statement confirms that the undersigned, RRR Grandchildren's Custodial
Partnership I, 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 Rollins, Inc. 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
Rollins, Inc., 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 I, 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
39
CONFIRMING STATEMENT
This Statement confirms that the undersigned, JR Partnership, 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 Rollins, Inc. 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 Rollins, Inc., 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.
JR PARTNERSHIP, L.P.,
by its General Partner
By: The 1996 Amy Rollins Trust
/s/ Amy Rollins Kreisler
---------------------------------------------
Amy Rollins Kreisler, Trustee
40
CONFIRMING STATEMENT
This Statement confirms that the undersigned, JPR Investment Partnership, 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 Rollins, Inc. 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 Rollins, Inc., 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.
JPR INVESTMENT PARTNERSHIP, L.P.,
by its General Partner
By: The 1996 Amy Rollins Trust
/s/ Amy Rollins Kreisler
-------------------------------------------
Amy Rollins Kreisler, Trustee
41
CONFIRMING STATEMENT
This Statement confirms that the undersigned, The Richard R. Rollins, Jr.
Grantor Trust (U/A dtd February 27, 2001), 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 Rollins, Inc.
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
Rollins, Inc., 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 RICHARD R. ROLLINS, JR.
GRANTOR TRUST
U/Agreement dated February 27, 2001
/s/ R. Randall Rollins
----------------------------------------
R. Randall Rollins, Trustee
42
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 Rollins, Inc. 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
Rollins, Inc., 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
43
CONFIRMING STATEMENT
This Statement confirms that the undersigned, MRLT Partners, 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 Rollins, Inc. 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 Rollins, Inc., 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.
MRLT PARTNERS, L.P.
by its General Partner
By: MRLT II, LLC, by its Member
The 1997 RRR Grandchildren's Custodial
Trust U/Agreement dated July 1, 1997
/s/ Gary W. Rollins
---------------------------------------
Gary W. Rollins, Trustee
44
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 Rollins, Inc. 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 Rollins, Inc., 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
45
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 Rollins, Inc. 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 Rollins, Inc., 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
46
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 Rollins, Inc. 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 Rollins, Inc., 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
47
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 Rollins, Inc. 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 Rollins, Inc., 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
48
CONFIRMING STATEMENT
This Statement confirms that the undersigned, Nancy Rollins Griffith, 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 Rollins, Inc. 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 Rollins, Inc., 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/ Nancy Rollins Griffith
------------------------------------
Nancy Rollins Griffith
49
EXHIBIT C
SUMMARY OF TRANSACTIONS
A. Randall Rollins ("RRR"):
Date Shares A/D1 Description
1. 11/22/02 383 A Gift of shares received by RRR.
2. 11/22/02 1,149 A Gift of shares received by RRR as Trustee for RRR's
children.
3. 12/27/02 500 A Shares received by RRR on dissolution of RWR
Investment Partnership, L.P (RWRP), resulting in an
increase in shares owned by RRR directly and a
decrease in his indirect ownership of shares as
general partner of RWRP.
4. 12/27/02 49,510 A Dissolution of 1996 RWR Investment Partnership,
L.P. (RWRP), resulting in a distribution to the
1986 Robert W. Rollins Qualified Subchapter S Trust
(STRST). STRST in turn transferred these shares,
and others it directly owned to RWR Management
Company, LLC (RWRLLC), which is wholly owned by
STRST and of which RRR is the Manager. This
resulted in an increase in RRR's indirect ownership
of shares in his role as Trustee of Trusts, and
resulting decrease in RRR's indirect ownership of
shares in his role as general partner of RWRP.
5. 12/27/02 50,010 D Dissolution of 1996 RWR Investment Partnership,
L.P. (RWRP), resulting in a distribution of 500
shares to RRR and 49,510 shares to the 1986 Robert
W. Rollins Qualified Subchapter S Trust (STRST).
STRST in turn transferred these shares it received
from RWRP, and others it directly owned to RWR
Management Company, LLC (RWRLLC), which is wholly
owned by STRST and of which RRR is the Manager.
This resulted in an increase in RRR's direct
ownership of shares and indirect ownership of
shares in his role as Trustee of STRST, and
resulting decrease in RRR's indirect ownership of
shares in his role as general partner of RWRP.
6. 12/31/02 102,000 D Transfer of shares by RRR as co-Trustee of a trust
benefiting the family members of Gary W. Rollins to
RFPS Investments I, L.P., a Georgia limited
partnership.
7. 12/31/02 203,352 D Transfer of shares by RRR as Trustee of trusts
benefiting his children to RFPS Investments I,
L.P., a Georgia limited partnership.
8. 12/31/02 10,419,000 D Transfer of shares by LOR, Inc. to RFPS Investments
I, L.P., a Georgia limited partnership.
9. 12/31/02 432,000 D Transfer of shares by Rollins Holding Company, Inc.
to RFPS Investments I, L.P., a Georgia limited
partnership.
10. 12/31/02 1,359,000 D Transfer of shares by RCTLOR, LLC, to RFPS
Investments I, L.P., a Georgia limited partnership.
11. 12/31/02 14,079,185 A Receipt of shares from entities identified in Rider
II from RFPS Investments I, L.P., a Georgia limited
partnership.
1 A = Acquired; D = Disposed of
50
SUMMARY OF TRANSACTIONS
B. Gary W. Rollins ("GWR"):
Date # Shares A/D2 Description
1. 11/22/02 383 A Gift of shares received by GWR.
2. 12/27/02 10,744 D Gifts of shares made by GWR.
3. 12/27/02 5,012 A Gift of shares received by GWR as Trustee for RRR's
grandchildren.
4. 12/31/02 68,400 D Transfer of shares by GWR as co-Trustee for Randall
Rollins' grandchildren to RFPS Investments I, L.P.,
a Georgia limited partnership.
5. 12/31/02 10,419,000 D Transfer of shares by LOR, Inc. to RFPS Investments
I, L.P., a Georgia limited partnership.
6. 12/31/02 382,264 D Transfer of shares by GWR as Trustee for Randall
Rollins' grandchildren to RFPS Investments I, L.P.,
a Georgia limited partnership.
7. 12/31/02 432,000 D Transfer of shares by Rollins Holding Company, Inc.
to RFPS Investments I, L.P., a Georgia limited
partnership.
8. 12/31/02 1,359,000 D Transfer of shares by RCTLOR, LLC, to RFPS
Investments I, L.P., a Georgia limited partnership.
9. 12/31/02 14,079,185 A Receipt of shares from entities identified in Rider
II from RFPS Investments I, L.P., a Georgia limited
partnership.
2 A = Acquired; D = Disposed of
51
RIDER II
PERCENTAGE NO. OF SHARES
OWNERSHIP ROLLINS, INC.
IN L.P.* CONTRIBUTED TO
REPORTING PERSON PARTNERSHIP
- -----------------------------------------------------------------------------------
GROUP A:
LOR, Inc. 74.0% 10,419,000
LOR Investment Company, LLC 0.0 **
Rollins Holding Company, Inc. 3.1 432,000
GROUP B:
Grace C. Rollins 4.5 630,223
RWR Management Company, LLC 0.6 81,316
RRR Grandchildren's Custodial Partnership I, L.P. 2.3 327,770
JR Partnership, L.P. 0.1 15,300
JPR Investment Partnership, L.P. 0.2 26,500
The Richard R. Rollins, Jr. Grantor Trust 0.9 122,036
The Gary W. Rollins Trust 0.7 102,000
RCTLOR, LLC 9.7 1,359,000
1997 RRR Grandchildren's Partnership 0.5 68,400
MRLT Partners, L.P. 0.4 54,494
Pamela Renee Rollins 0.9 119,074
Timothy Curtis Rollins 0.9 123,536
Amy Rollins Kreisler 0.9 123,536
Nancy Rollins Griffith 0.5 75,000
* Amounts do not total 100% due to rounding (LOR Investment Company, LCC
nevertheless has a percentage ownership)
** Reporting Person contributed $100,000 as its contribution to the Partnership.
The contribution of shares above represent contributions by the listed persons
and entities to the RFPS Investments I, L.P. (RFPS I) made on December 31, 2002.
Each person and entity has a resulting proportional beneficial ownership in RFPS
I noted above.
52
1574391