SEC Form 4 · accession 0001209191-15-039326
Marathon Petroleum Corp · MPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George P. Shaffner
Officer — Sr. VP, HES&S (See Remarks)
Period of report
May 4, 2015
Accepted (ET)
May 6, 2015 · 1:48 pm EDT
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 | May 4, 2015 | M | 3,490 | $25.74 | A | 17,772 | D | |
| Common Stock | May 4, 2015 | M | 17,297 | $25.74 | A | 35,069 | D | |
| Common Stock | May 4, 2015 | M | 5,426 | $51.75 | A | 40,495 | D | |
| Common StockF1 | May 4, 2015 | S | 3,490 | $101.45 | D | 37,005 | D | |
| Common StockF2 | May 4, 2015 | S | 17,297 | $101.43 | D | 19,708 | D | |
| Common StockF3,F4 | May 4, 2015 | S | 5,426 | $101.50 | D | 14,282 | D |
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 | May 4, 2015 | M | 5,426 | D | Jun 30, 2011 | May 30, 2017 | Common Stock | 5,426 | 0 | D |
| Stock Option (right to buy)F5 | $25.74 | May 4, 2015 | M | 3,490 | D | Jun 30, 2011 | May 26, 2020 | Common Stock | 3,490 | 17,297 | D |
| Stock Option (right to buy)F5 | $25.74 | May 4, 2015 | M | 17,297 | D | Jun 30, 2011 | May 26, 2020 | Common Stock | 17,297 | 0 | 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 $101.40 to $101.57, 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) and (3) 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 $101.15 to $101.74, 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) and (3) 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 $101.50 to $101.53, 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) and (3) to this Form 4.
- F4Includes .068213 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
- F5This option, originally in the amount of 20,787, is exercisable as follows: 3,490 shares on June 30,2011, 8,648 shares on May 26, 2012 and 8,649 shares on May 26, 2013.
Remarks
Senior Vice President, Health, Environment, Safety and Security