SEC Form 4 · accession 0001209191-17-066187
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
Dec 14, 2017
Accepted (ET)
Dec 18, 2017 · 5:28 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 StockF1 | Dec 14, 2017 | M | 12,558 | $12.365 | A | 47,212 | D | |
| Common StockF2 | Dec 14, 2017 | S | 12,558 | $64.75 | D | 34,654 | D | |
| Common Stock | Dec 14, 2017 | M | 12,250 | $20.845 | A | 46,904 | D | |
| Common StockF3 | Dec 14, 2017 | S | 12,250 | $64.75 | D | 34,654 | D | |
| Common Stock | Dec 14, 2017 | M | 10,796 | $17.20 | A | 45,450 | D | |
| Common StockF4 | Dec 14, 2017 | S | 10,796 | $64.75 | D | 34,654 | D | |
| Common StockF5 | holding | — | — | — | 2,955 | 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 | $12.365 | Dec 14, 2017 | M | 12,558 | D | Jun 30, 2011 | Feb 24, 2020 | Common Stock | 12,558 | 0 | D |
| Stock Option (right to buy)F8,F9 | $20.845 | Dec 14, 2017 | M | 12,250 | D | Feb 23, 2012 | Feb 23, 2021 | Common Stock | 12,250 | 30,000 | D |
| Stock Option (right to buy)F10,F11 | $17.20 | Dec 14, 2017 | M | 10,796 | D | Dec 5, 2012 | Dec 5, 2021 | Common Stock | 10,796 | 0 | D |
Explanation of responses
- F1Includes .388911 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
- F10This option was previously reported as covering 5,398 shares at an exercise price of $34.40 per share, but has been adjusted to reflect the 2-for-1 stock split that occurred on June 10, 2015.
- F11This option, in the adjusted amount of 10,796, was exercisable as follows: 3,598 shares on December 5, 2012, 3,598 shares on December 5, 2013 and 3,600 shares on December 5, 2014. These share amounts reflect the 2-for-1 stock split that occurred on June 10, 2015.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.31 to $65.01, 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 $64.30 to $65.02, 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 $64.27 to $65.02, 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 40.221 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 .051 shares.
- F6This 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.
- F7This option, in the adjusted amount of 28,356, was 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.
- F8This option was previously reported as covering 21,125 shares at an exercise price of $41.69 per share, but has been adjusted to reflect the 2-for-1 stock split that occurred on June 10, 2015.
- F9This option, in the adjusted amount of 42,250, was exercisable as follows: 14,082 shares on February 23, 2012, 14,084 shares on February 23, 2013 and 14,084 shares on February 23, 2014. These share amounts reflect the 2-for-1 stock split that occurred on June 10, 2015.
Remarks
Senior Vice President, Marketing