SEC Form 4 · accession 0001209191-17-040527
Marathon Petroleum Corp · MPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas M. Kelley
Officer — Sr. Vice President, Marketing
Period of report
Jun 14, 2017
Accepted (ET)
Jun 16, 2017 · 4:34 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 StockF1 | Jun 14, 2017 | M | 8,200 | $12.395 | A | 42,853 | D | |
| Common StockF2 | Jun 14, 2017 | S | 8,200 | $54.19 | D | 34,653 | D | |
| Common Stock | Jun 14, 2017 | M | 5,762 | $12.395 | A | 40,415 | D | |
| Common StockF3 | Jun 14, 2017 | S | 5,762 | $54.53 | D | 34,653 | D | |
| Common Stock | Jun 14, 2017 | M | 11,038 | $12.365 | A | 45,691 | D | |
| Common StockF4 | Jun 14, 2017 | S | 11,038 | $54.32 | D | 34,653 | D | |
| Common StockF5 | holding | — | — | — | 2,915 | 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)F6,F7 | $12.395 | Jun 14, 2017 | M | 8,200 | D | Jun 30, 2011 | May 27, 2019 | Common Stock | 8,200 | 5,762 | D |
| Stock Option (right to buy)F6,F7 | $12.395 | Jun 14, 2017 | M | 5,762 | D | Jun 30, 2011 | May 27, 2019 | Common Stock | 5,762 | 0 | D |
| Stock Option (right to buy)F8,F9 | $12.365 | Jun 14, 2017 | M | 11,038 | D | Jun 30, 2011 | Feb 24, 2020 | Common Stock | 11,038 | 12,558 | D |
Explanation of responses
- F1Includes .388003 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.15 to $54.24, 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 ranges set forth in footnotes (2), (3) and (4) to this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.50 to $54.60, 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 ranges set forth in footnotes (2), (3) and (4) to this Form 4.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.25 to $54.38, 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 ranges set forth in footnotes (2), (3) and (4) to this Form 4.
- F5Includes 39.963 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
- F6This option was previously reported as covering 15,634 shares at an exercise price of $24.79 per share, but has been adjusted to reflect the 2-for-1 stock split that occurred on June 10, 2015.
- F7This option, in the amount of 31,268, is exercisable as follows: 13,962 shares on June 30, 2011 and 17,306 shares on May 27, 2012. These share amounts reflect the 2-for-1 stock split that occurred on June 10, 2015.
- F8This option was previously reported as covering 14,178 shares at an exercise price of $24.73 per share, but has been adjusted to reflect the 2-for-1 stock split that occurred on June 10, 2015.
- F9This option, in the amount of 28,356 is exercisable as follows: 4,760 shares on June 30, 2011, 11,798 shares on February 24, 2012 and 11,798 shares on February 24, 2013. These share amounts reflect the 2-for-1 stock split that occurred on June 10, 2015.
Remarks
Senior Vice President, Marketing