SEC Form 4 · accession 0001209191-15-039834
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 6, 2015
Accepted (ET)
May 7, 2015 · 2:30 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 6, 2015 | M | 21,125 | $41.69 | A | 35,407 | D | |
| Common Stock | May 6, 2015 | M | 4,436 | $34.40 | A | 39,843 | D | |
| Common StockF1 | May 6, 2015 | S | 21,125 | $100.45 | D | 18,718 | D | |
| Common StockF2 | May 6, 2015 | S | 4,436 | $100.76 | 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)F3 | $41.69 | May 6, 2015 | M | 21,125 | D | Feb 23, 2012 | Feb 23, 2021 | Common Stock | 21,125 | 0 | D |
| Stock Option (right to buy)F4 | $34.40 | May 6, 2015 | M | 4,436 | D | Dec 5, 2012 | Dec 5, 2021 | Common Stock | 4,436 | 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 $100.02 to $100.67, 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) and (2) 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 $100.67 to $100.88, 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) and (2) to this Form 4.
- F3This option, originally in the amount of 21,125, is exercisable as follows: 7,041 shares on February 23, 2012, 7,042 shares on February 23, 2013 and 7,042 shares on February 23, 2014.
- F4This option, originally in the amount of 4,436, is exercisable as follows: 1,478 shares on December 5, 2012, 1,479 shares on December 5, 2013 and 1,479 shares on December 5, 2014.
Remarks
Senior Vice President, Health, Environment, Safety and Security