Patrick Wagner - Nov 24, 2021 Form 4 Insider Report for MARATHON OIL CORP (MRO)

Role
Executive Vice President, Corporate Development and Strategy
Signature
Kim Warnica, Attorney-in-Fact for Patrick Wagner
Stock symbol
MRO
Transactions as of
Nov 24, 2021
Transactions value $
-$682,278
Form type
4
Date filed
11/29/2021, 03:27 PM
Previous filing
Jun 7, 2021
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 $364K +34.7K +14.95% $10.47 267K Nov 24, 2021 Direct
transaction MRO Common Stock Sale -$584K -34.7K -13% $16.83 232K Nov 24, 2021 Direct F1
transaction MRO Common Stock Sale -$461K -27.4K -11.81% $16.82 205K Nov 24, 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 -34.7K -33.33% $0.00 69.4K Nov 24, 2021 Common Stock 34.7K $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