SEC Form 4 · accession 0000101778-18-000100
MARATHON OIL CORP · MRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lee M Tillman
Officer — President and CEO · Director
Period of report
May 17, 2018
Accepted (ET)
May 18, 2018 · 4:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000101778
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 17, 2018 | M | 400,000 | $7.22 | A | 1,108,261 | D | |
| Common StockF1 | May 17, 2018 | S | 400,000 | $21.647 | D | 708,261 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $7.22 | May 17, 2018 | M | 400,000 | D | Feb 24, 2017 | Feb 24, 2026 | Common Stock | 400,000 | 212,000 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.590 to $21.700, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges provided herein.
- F2Vests in cumulative annual installments of 204,000 shares on February 24, 2017, 2018 and 2019, respectively.