SEC Form 4 · accession 0001209191-16-102775
MARATHON OIL CORP · MRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John R Sult
Officer — Executive V.P. and CFO
Period of report
Feb 24, 2016
Accepted (ET)
Feb 26, 2016 · 3:12 pm EST
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 |
|---|---|---|---|---|---|---|---|---|
| Marathon Oil Corporation Common StockF1 | Feb 24, 2016 | A | 59,415 | $0.00 | A | 119,970 | 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 | Feb 24, 2016 | A | 184,000 | A | Feb 24, 2017 | Feb 24, 2026 | Common Stock | 184,000 | 184,000 | D |
Explanation of responses
- F1Restricted stock granted under Marathon Oil Corporation 2012 Incentive Compensation Plan, which vests on February 24, 2019.
- F2Vests in cumulative annual installments of 61,333, 61,333 and 61,334 shares on February 24, 2017, 2018 and 2019, respectively.