SEC Form 4 · accession 0001209191-15-050180
Marathon Petroleum Corp · MPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pamela K.M. Beall
Officer — Sr. VP (See Remarks)
Period of report
Jun 2, 2015
Accepted (ET)
Jun 4, 2015 · 5:28 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 | Jun 2, 2015 | M | 8,568 | $51.75 | A | 23,090 | D | |
| Common StockF1 | Jun 2, 2015 | S | 6,288 | $102.86 | D | 16,802 | D | |
| Common Stock | Jun 2, 2015 | M | 3,710 | $46.08 | A | 20,512 | D | |
| Common StockF2 | Jun 2, 2015 | S | 2,614 | $102.88 | D | 17,898 | D | |
| Common Stock | Jun 2, 2015 | M | 2,983 | $24.73 | A | 20,881 | D | |
| Common StockF3 | Jun 2, 2015 | S | 2,983 | $102.84 | D | 17,898 | D | |
| Common Stock | Jun 2, 2015 | M | 14,788 | $24.73 | A | 32,686 | D | |
| Common StockF4 | Jun 2, 2015 | S | 14,788 | $102.96 | D | 17,898 | 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 | Jun 2, 2015 | M | 8,568 | D | Jun 30, 2011 | May 30, 2017 | Common Stock | 8,568 | 0 | D |
| Stock Option (right to buy) | $46.08 | Jun 2, 2015 | M | 3,710 | D | Jun 30, 2011 | Feb 27, 2018 | Common Stock | 3,710 | 0 | D |
| Stock Option (right to buy)F5 | $24.73 | Jun 2, 2015 | M | 2,983 | D | Jun 30, 2011 | Feb 24, 2020 | Common Stock | 2,983 | 14,788 | D |
| Stock Option (right to buy)F5 | $24.73 | Jun 2, 2015 | M | 14,788 | D | Jun 30, 2011 | Feb 24, 2020 | Common Stock | 14,788 | 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 $102.800 to $102.958, 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 $102.850 to $102.940, 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 $102.790 to $102.880, 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 $102.704 to $103.070, 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 17,771, is exercisable as follows: 2,983 shares on June 30, 2011, 7,394 shares on February 24, 2012 and 7,394 shares on February 24, 2013.
Remarks
Senior Vice President, Corporate Planning, Government and Public Affairs