SEC Form 4 · accession 0001209191-18-054164
Marathon Petroleum Corp · MPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kim K.W. Rucker
Director
Period of report
Oct 1, 2018
Accepted (ET)
Oct 3, 2018 · 9:08 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,F2,F3,F4 | Oct 1, 2018 | A | 109,090 | — | A | 109,090 | D | |
| Common Stock | Oct 1, 2018 | A | 409 | $0.00 | A | 109,499 | D | |
| Common StockF4 | Oct 1, 2018 | F | 4,072 | $82.43 | D | 105,427 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Received in connection with the merger of Mahi Inc., a wholly owned subsidiary of the Issuer, with and into Andeavor on October 1, 2018, with Andeavor as the surviving entity (the "Merger"). On the effective date of the Merger, the closing price of Issuer common stock was $82.43 per share.
- F2Includes 61,446 Issuer restricted stock units received upon conversion of 18,902 Andeavor market stock unit awards. The Andeavor awards were converted in the Merger based on the number of shares of Andeavor common stock that would have been issued pursuant to such market stock unit awards based on actual performance through the Merger multiplied by 1.87 and rounded down to the nearest whole number.
- F3Includes 47,644 Issuer restricted stock units received upon conversion of 17,779 Andeavor performance share awards. The Andeavor awards were converted in the Merger based on the number of shares of Andeavor common stock that would have been issued pursuant to such performance share awards based on actual performance through the Merger multiplied by 1.87 and rounded down to the nearest whole number.
- F4All reported amounts are estimated as of October 3, 2018 based on preliminary information with respect to the Merger. Final amounts will be reported in a subsequent filing.