SEC Form 4 · accession 0001209191-15-045275
Marathon Petroleum Corp · MPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary R. Heminger
Officer — President & CEO · Director
Period of report
May 20, 2015
Accepted (ET)
May 21, 2015 · 3:23 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 20, 2015 | M | 36,659 | $20.20 | A | 245,546 | D | |
| Common StockF1 | May 20, 2015 | S | 36,659 | $104.30 | D | 208,887 | D | |
| Common StockF2 | holding | — | — | — | 4,685 | I | By 401(k) Plan | |
| Common StockF3 | holding | — | — | — | 10,614 | I | By Revocable Trust |
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) | $20.20 | May 20, 2015 | M | 36,659 | D | Jun 30, 2011 | May 25, 2015 | Common Stock | 36,659 | 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 $104.07 to $104.54, 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 this footnote to this Form 4.
- F2Includes 23.998 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
- F3By Gary R. Heminger Revocable Trust.