SEC Form 4 · accession 0001209191-18-019756
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
Mar 13, 2018
Accepted (ET)
Mar 15, 2018 · 9:41 am 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 | Mar 13, 2018 | M | 20,000 | $20.845 | A | 57,051 | D | |
| Common StockF2 | Mar 13, 2018 | S | 20,000 | $69.77 | D | 37,051 | D | |
| Common StockF3 | holding | — | — | — | 2,974 | 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,F5 | $20.845 | Mar 13, 2018 | M | 20,000 | D | Feb 23, 2012 | Feb 23, 2021 | Common Stock | 20,000 | 10,000 | D |
Explanation of responses
- F1Includes .189679 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 $69.66 to $69.83, 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 range set forth in footnote (2) to this Form 4.
- F3Includes 19.365 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
- F4This 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.
- F5This 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