SEC Form 4 · accession 0001209191-17-061716
Marathon Petroleum Corp · MPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond L Brooks
Officer — Sr. VP, Refining
Period of report
Nov 16, 2017
Accepted (ET)
Nov 20, 2017 · 1:45 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 16, 2017 | M | 8,240 | $21.72 | A | 32,205 | D | |
| Common StockF1 | Nov 16, 2017 | S | 8,240 | $62.29 | D | 23,965 | D | |
| Common Stock | Nov 16, 2017 | M | 4,760 | $17.20 | A | 28,725 | D | |
| Common StockF2 | Nov 16, 2017 | S | 4,760 | $62.22 | D | 23,965 | D | |
| Common StockF3 | holding | — | — | — | 14,804 | 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)F4 | $17.20 | Nov 16, 2017 | M | 4,760 | D | Dec 5, 2012 | Dec 5, 2021 | Common Stock | 4,760 | 0 | D |
| Stock Option (right to buy)F5 | $21.72 | Nov 16, 2017 | M | 8,240 | D | Apr 2, 2013 | Apr 2, 2022 | Common Stock | 8,240 | 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 $62.35, 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) and (2) 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 $62.16 to $62.27, 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) and (2) to this Form 4.
- F3Includes 206.935 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 .039 shares.
- F4This option, in the amount of 4,760, is exercisable as follows: 2,380 shares on December 5, 2013 and 2,380 shares on December 5, 2014.
- F5This option, in the amount of 8,240, is exercisable as follows: 4,120 shares on April 2, 2014 and 4,120 shares on April 2, 2015.
Remarks
Senior Vice President, Refining