SEC Form 4 · accession 0001209191-17-013946
Marathon Petroleum Corp · MPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John S Swearingen
Officer — Sr. VP, Trans. & Logistics
Period of report
Feb 21, 2017
Accepted (ET)
Feb 23, 2017 · 5:41 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 | Feb 21, 2017 | M | 17,136 | $25.875 | A | 63,706 | D | |
| Common StockF1 | Feb 21, 2017 | S | 17,136 | $50.48 | D | 46,570 | D | |
| Common StockF2 | holding | — | — | — | 66 | 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)F3 | $25.875 | Feb 21, 2017 | M | 17,136 | D | Jun 30, 2011 | May 30, 2017 | Common Stock | 17,136 | 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 $50.455 to $50.505, 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 range set forth in footnote (1) to this Form 4.
- F2Includes 8.218 shares of Issuer common stock acquired under the Issuer's 401(k) plan since the date of the Reporting person's last report.
- F3This option was previously reported as covering 8,568 shares at an exercise price of $51.75 per share, but has been adjusted to reflect the stock split that occurred on June 10, 2015.
Remarks
Senior Vice President, Transportation and Logistics