Lee M. Tillman - Jun 2, 2021 Form 4 Insider Report for MARATHON OIL CORP (MRO)

Role
Chairman, President and CEO, Director
Signature
Kim O. Warnica, Attorney-in-Fact for Lee M. Tillman
Stock symbol
MRO
Transactions as of
Jun 2, 2021
Transactions value $
-$2,937,048
Form type
4
Date filed
6/3/2021, 04:22 PM
Next filing
Jan 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRO Common Stock Options Exercise $1.53M +212K +17.62% $7.22 1.42M Jun 2, 2021 Direct
transaction MRO Common Stock Sale -$2.94M -212K -14.98% $13.85 1.2M Jun 2, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MRO Employee Stock Option (Right to Buy) Options Exercise -$1.53M -212K -100% $7.22 0 Jun 2, 2021 Common Stock 212K $7.22 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.840 to $13.870, inclusive. The reporting person undertakes to provide to Marathon Oil Corporation, any security holder of Marathon Oil Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
F2 Vested in cumulative annual installments of 204,000 shares on February 24, 2017, 2018 and 2019, respectively.