PATRICK WAGNER - 24 Nov 2021 Form 4 Insider Report for MARATHON OIL CORP

Signature
Kim Warnica, Attorney-in-Fact for Patrick Wagner
Issuer symbol
N/A
Transactions as of
24 Nov 2021
Net transactions value
-$682,278
Form type
4
Filing time
29 Nov 2021, 15:27:53 UTC
Previous filing
07 Jun 2021
Next filing
28 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRO Common Stock Options Exercise $363,539 +34,722 +15% $10.47 267,014 24 Nov 2021 Direct
transaction MRO Common Stock Sale $584,437 -34,722 -13% $16.83 232,292 24 Nov 2021 Direct F1
transaction MRO Common Stock Sale $461,380 -27,435 -12% $16.82 204,857 24 Nov 2021 Direct F2

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 $0 -34,722 -33% $0.000000 69,444 24 Nov 2021 Common Stock 34,722 $10.47 Direct F3
* 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 $16.83 to $16.84, 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 sold at each separate price within the range set forth herein.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.81 to $16.83, 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 sold at each separate price within the range set forth herein.
F3 This stock option (the "Employee Stock Option") to acquire 104,166 shares of the common stock of Marathon Oil Corporation was granted on February 19, 2020 and vests in three equal annual installments on each of February 19, 2021, February 19, 2022 and February 19, 2023.

Remarks:

Executive Vice President, Corporate Development and Strategy