SEC Form 4 · accession 0001209191-15-013236

Marathon Petroleum Corp · MPC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Thomas M. Kelley

Officer — Sr. Vice President, Marketing

Period of report

Feb 11, 2015

Accepted (ET)

Feb 13, 2015 · 12:35 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001510295

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Feb 11, 2015	M	4,760	$51.75	A	17,032	D
Common Stock^F1	Feb 11, 2015	S	4,760	$101.63	D	12,272	D
Common Stock	Feb 11, 2015	M	6,665	$21.90	A	18,937	D
Common Stock^F2	Feb 11, 2015	S	6,665	$100.92	D	12,272	D
Common Stock	Feb 11, 2015	M	6,662	$32.06	A	18,934	D
Common Stock^F3	Feb 11, 2015	S	6,662	$101.84	D	12,272	D
Common Stock	Feb 11, 2015	M	2,380	$24.73	A	14,652	D
Common Stock^F4	Feb 11, 2015	S	2,380	$100.93	D	12,272	D
Common Stock	holding	—	—		—	1,359	I	By 401(k) Plan

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)	$51.75	Feb 11, 2015	M	4,760	D	Jun 30, 2011	May 30, 2017	Common Stock	4,760	0	D
Stock Option (right to buy)	$21.90	Feb 11, 2015	M	6,665	D	Jun 30, 2011	Jun 10, 2015	Common Stock	6,665	0	D
Stock Option (right to buy)	$32.06	Feb 11, 2015	M	6,662	D	Jun 30, 2011	Jun 1, 2016	Common Stock	6,662	0	D
Stock Option (right to buy)^F5	$24.73	Feb 11, 2015	M	2,380	D	Jun 30, 2011	Feb 24, 2020	Common Stock	2,380	11,798	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 $101.60 to $101.63, inclusive. The reporting person undertakes to provide to Marathon Petroleum Corporation, any security holder of Marathon Petroleum Corporation, 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 set forth in footnotes (1), (2), (3) and (4) to this Form 4.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.48 to $101.80, inclusive. The reporting person undertakes to provide to Marathon Petroleum Corporation, any security holder of Marathon Petroleum Corporation, 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 set forth in footnotes (1), (2), (3) and (4) to this Form 4.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.77 to $101.92, inclusive. The reporting person undertakes to provide to Marathon Petroleum Corporation, any security holder of Marathon Petroleum Corporation, 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 set forth in footnotes (1), (2), (3) and (4) to this Form 4.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.67 to $101.33, inclusive. The reporting person undertakes to provide to Marathon Petroleum Corporation, any security holder of Marathon Petroleum Corporation, 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 set forth in footnotes (1), (2), (3) and (4) to this Form 4.
F5This option, originally in the amount of 14,178, is exercisable as follows: 2,380 shares on June 30, 2011, 5,899 shares on February 24, 2012 and 5,899 shares on February 24, 2013.