SEC Form 4 · accession 0001209191-16-105579
Marathon Petroleum Corp · MPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C. Michael Palmer
Officer — Sr. VP, Supply Distrib. & Plan
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 5:36 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 | Mar 1, 2016 | F | 650 | $34.44 | D | 45,467 | D | |
| Common Stock | Mar 1, 2016 | F | 603 | $34.44 | D | 44,864 | D | |
| Common Stock | Mar 1, 2016 | A | 8,346 | $0.00 | A | 53,210 | D | |
| Common Stock | holding | — | — | — | 5,830 | 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)F1 | $34.63 | Mar 1, 2016 | A | 57,974 | A | Mar 1, 2017 | Mar 1, 2026 | Common Stock | 57,974 | 57,974 | D |
Explanation of responses
- F1Vests in annual installments of 19,324 shares on March 1, 2017, 19,325 shares on March 1, 2018 and 19,325 shares on March 1, 2019.
Remarks
Senior Vice President, Supply Distribution and Planning