UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
OMB APPROVAL
----------------------------
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden
hours per response.......0.5
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(h) of the Investment Company Act of 1940
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
(Print or Type Responses)
- --------------------------------------------------------------------------------
1. Name and Address of Reporting Person*
Cynkus, Harry J.
- --------------------------------------------------------------------------------
(Last) (First) (Middle)
2170 Piedmont Road NE
- --------------------------------------------------------------------------------
(Street)
Atlanta, GA 30324
- --------------------------------------------------------------------------------
(City) (State) (Zip)
- --------------------------------------------------------------------------------
2. Issuer Name and Ticker or Trading Symbol
Rollins, Inc. (ROL)
- --------------------------------------------------------------------------------
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
- --------------------------------------------------------------------------------
4. Statement for Month/Day/Year
04/24/03
- --------------------------------------------------------------------------------
5. If Amendment, Date of Original (Month/Day/Year)
- --------------------------------------------------------------------------------
6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[ ] Director [ ] 10% Owner
[X] Officer (give title below) [ ] Other (specify below)
CFO/Treasurer
- --------------------------------------------------------------------------------
7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
- --------------------------------------------------------------------------------
================================================================================
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
================================================================================
5.
Amount of 6.
2A. 4. Securities Owner-
Deemed Securities Acquired (A) or Beneficially ship
2. Execution 3. Disposed of (D) Owned Form: 7.
Transaction Date, Transaction (Instr. 3, 4 and 5) Following Direct Nature of
Date if any Code ---------------------------- Reported (D) or Indirect
1. (Month/ (Month/ (Instr. 8) (A) Transaction(s) Indirect Beneficial
Title of Security Day/ Day/ ----------- Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) Year) Year) Code V (D) and 4) (Instr. 4) (Instr. 4)
- -----------------------------------------------------------------------------------------------------------------------------------
Rollins, Inc. 04/24/03 M 2,200 A 10.875
Common Stock $1
Par Value
- -----------------------------------------------------------------------------------------------------------------------------------
Rollins, Inc. 04/24/03 F 975 D 23.81 9,032** D
Common Stock $1
Par Value
===================================================================================================================================
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
4(b)(v).
** This number includes 838 shares of 401(k) stock.
- - All share information as described on this Form 4 are reflective of the
3-for-2 stock split effective March 10, 2003.
(Over)
SEC 1474 (7/96)
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
================================================================================
9.
Number 10.
of Owner-
Deriv- ship
2. ative Form
Conver- 5. 7. Secur- of 11.
sion Number of Title and Amount ities Deriv- Nature
or 3A. Derivative 6. of Underlying 8. Bene- ative of
Exer- Deemed 4. Securities Date Securities Price ficially Secur- In-
cise 3. Execu- Trans- Acquired (A) Exercisable and (Instr. 3 and 4) or Owned ity: direct
Price Trans- tion action or Disposed Expiration Date ---------------- Deriv- Following Direct Bene-
1. of action Date, Code of (D) (Month/Day/Year) Amount ative Reported (D) or ficial
Title of Deriv- Date if any (Instr. (Instr. 3, ---------------- or Secur- Trans- Indirect Owner-
Derivative ative (Month/ (Month/ 8) 4 and 5) Date Expira- Number ity action(s) (I) ship
Security Secur- Day/ Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr, 3) ity Year) Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
- ------------------------------------------------------------------------------------------------------------------------------------
Incentive 10.875 4/24/03 M 2,200 01/26/01 01/26/09 Common 2,200 N/A 11,300 D
Stock Stock
Option
(Right to
Buy)
- ------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================
Explanation of Responses:
/s/ Harry J. Cynkus April 28, 2003
- ------------------------------- -----------------------
**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C.78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
Page 2