SEC Form 4 · accession 0001209191-17-034215
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
May 18, 2017
Accepted (ET)
May 22, 2017 · 2:11 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 | May 18, 2017 | M | 4,568 | $25.875 | A | 62,325 | D | |
| Common StockF1 | May 18, 2017 | S | 4,568 | $52.035 | D | 57,757 | D | |
| Common StockF2 | holding | — | — | — | 6,070 | 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 | May 18, 2017 | M | 4,568 | D | Jun 30, 2011 | May 30, 2017 | Common Stock | 4,568 | 4,000 | D |
Explanation of responses
- F1Includes .202045 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
- F2Includes 44.054 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
- F3This option was previously reported as covering 4,284 shares at an exercise price of $51.75 per share, but has been adjusted to reflect the 2-for-1 stock split that occurred on June 10, 2015.
Remarks
Senior Vice President, Supply Distribution and Planning