SEC Form 4 · accession 0001209191-17-059724
Marathon Petroleum Corp · MPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony R. Kenney
Officer — President, Speedway LLC
Period of report
Nov 6, 2017
Accepted (ET)
Nov 8, 2017 · 4:00 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 | Nov 6, 2017 | M | 13,452 | $10.095 | A | 114,484 | D | |
| Common Stock | Nov 6, 2017 | M | 16,672 | $10.095 | A | 131,156 | D | |
| Common Stock | Nov 6, 2017 | M | 7,966 | $12.365 | A | 139,122 | D | |
| Common Stock | Nov 6, 2017 | M | 39,488 | $12.365 | A | 178,610 | D | |
| Common StockF1 | Nov 6, 2017 | S | 13,452 | $62.31 | D | 165,158 | D | |
| Common StockF2 | Nov 6, 2017 | S | 16,672 | $62.38 | D | 148,486 | D | |
| Common StockF3 | Nov 6, 2017 | S | 7,966 | $62.23 | D | 140,520 | D | |
| Common StockF4 | Nov 6, 2017 | S | 39,488 | $62.37 | D | 101,032 | D | |
| Common StockF5 | holding | — | — | — | 7,284 | 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 | $10.095 | Nov 6, 2017 | M | 13,452 | D | Jun 30, 2011 | Feb 25, 2019 | Common Stock | 13,452 | 16,672 | D |
| Stock Option (right to buy)F6,F7 | $10.095 | Nov 6, 2017 | M | 16,672 | D | Jun 30, 2011 | Feb 25, 2019 | Common Stock | 16,672 | 0 | D |
| Stock Option (right to buy)F8,F9 | $12.365 | Nov 6, 2017 | M | 7,966 | D | Jun 30, 2011 | Feb 24, 2020 | Common Stock | 7,966 | 39,488 | D |
| Stock Option (right to buy)F8,F9 | $12.365 | Nov 6, 2017 | M | 39,488 | D | Jun 30, 2011 | Feb 24, 2020 | Common Stock | 39,488 | 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 $62.23 to $62.48, 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 (1), (2), (3) and (4) to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.28 to $62.51, 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 (1), (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 $62.11 to $62.34, 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 (1), (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 $62.28 to $62.46, 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 (1), (2), (3) and (4) to this Form 4.
- F5Includes 153.949 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11. Also reflects the deduction of an administrative fee in the amount of .038 shares.
- F6This option was previously reported as covering 15,062 shares at an exercise price of $20.19 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 30,124, is exercisable as follows: 13,452 shares on June 30, 2011, and 16,672 shares on February 25, 2012. These share amounts reflect the 2-for-1 stock split that occurred on June 10, 2015.
- F8This option was previously reported as covering 23,727 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 47,454, is exercisable as follows: 7,966 shares on June 30, 2011, 19,744 shares on February 24, 2012 and 19,744 shares on February 24, 2013. These share amounts reflect the 2-for-1 stock split that occurred on June 10, 2015.