SEC Form 4 · accession 0001209191-16-125552
Marathon Petroleum Corp · MPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary R. Heminger
Officer — Chairman, President & CEO · Director
Period of report
Jun 1, 2016
Accepted (ET)
Jun 3, 2016 · 3:52 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 1, 2016 | M | 71,958 | $16.03 | A | 537,837 | D | |
| Common Stock | Jun 1, 2016 | F | 50,376 | $36.44 | D | 487,461 | D | |
| Common StockF1 | holding | — | — | — | 9,623 | I | By 401(k) Plan | |
| Common StockF2 | holding | — | — | — | 21,228 | 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)F3,F4 | $16.03 | Jun 1, 2016 | M | 71,958 | D | Jun 30, 2011 | Jun 1, 2016 | Common Stock | 71,958 | 0 | D |
Explanation of responses
- F1Includes 84.499 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
- F2By Gary R. Heminger Revocable Trust.
- F3This option was previously reported as covering 35,979 shares at an exercise price of $32.06 per share, but has been adjusted to reflect the stock split that occurred on June 10, 2015
- F4The option reflected in this row represents an adjusted option resulting from the spin-off of Issuer from Marathon Oil Corporation on June 30, 2011 (the "Spin-Off"). All shares subject to this option were fully vested and exercisable as of the Spin-Off.
Remarks
Chairman of the Board, President and Chief Executive Officer