SEC Form 4 · accession 0001209191-16-125554
Marathon Petroleum Corp · MPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rodney P. Nichols
Officer — Sr. VP, HR & Admin. Services
Period of report
Jun 1, 2016
Accepted (ET)
Jun 3, 2016 · 3:55 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 | 9,898 | $16.03 | A | 62,997 | D | |
| Common Stock | Jun 1, 2016 | F | 6,971 | $36.44 | D | 56,026 | D | |
| Common StockF1 | holding | — | — | — | 7,836 | I | By 401(k) Plan | |
| Common StockF2 | holding | — | — | — | 4,388 | I | By wife's Revocable Trust | |
| Common StockF3 | holding | — | — | — | 16,926 | 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)F4,F5 | $16.03 | Jun 1, 2016 | M | 9,898 | D | Jun 30, 2011 | Jun 1, 2016 | Common Stock | 9,898 | 0 | D |
Explanation of responses
- F1Includes 68.802 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
- F2By Barb Nichols Revocable Trust Agreement (wife).
- F3By Rodney P. Nichols Revocable Trust Agreement.
- F4This option was previously reported as covering 4,949 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
- F5The 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
Senior Vice President, Human Resources and Administrative Services