Gary Eugene Wilson - Dec 7, 2021 Form 4 Insider Report for MARATHON OIL CORP (MRO)

Role
VP, Controller & CAO
Signature
John D. Montanti, Attorney-in-Fact for Gary Eugene Wilson
Stock symbol
MRO
Transactions as of
Dec 7, 2021
Transactions value $
-$552,209
Form type
4
Date filed
12/9/2021, 04:00 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 $347K +48K +46.57% $7.22 151K Dec 7, 2021 Direct
transaction MRO Common Stock Sale -$786K -48K -31.77% $16.37 103K Dec 7, 2021 Direct F1
transaction MRO Common Stock Options Exercise $300K +19K +18.45% $15.76 122K Dec 7, 2021 Direct
transaction MRO Common Stock Sale -$311K -19K -15.58% $16.37 103K Dec 7, 2021 Direct F2
transaction MRO Common Stock Options Exercise $316K +21.7K +21.09% $14.52 125K Dec 7, 2021 Direct
transaction MRO Common Stock Sale -$356K -21.7K -17.42% $16.37 103K Dec 7, 2021 Direct F2
transaction MRO Common Stock Options Exercise $109K +10.4K +10.11% $10.47 113K Dec 7, 2021 Direct
transaction MRO Common Stock Sale -$170K -10.4K -9.18% $16.36 103K Dec 7, 2021 Direct F3
holding MRO Common Stock 5.94K Dec 7, 2021 By 401(k)

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 -48K -100% $0.00* 0 Dec 7, 2021 Common Stock 48K $7.22 Direct F4
transaction MRO Employee Stock Option (Right to Buy) Options Exercise $0 -19K -100% $0.00* 0 Dec 7, 2021 Common Stock 19K $15.76 Direct F5
transaction MRO Employee Stock Option (Right to Buy) Options Exercise $0 -21.7K -100% $0.00* 0 Dec 7, 2021 Common Stock 21.7K $14.52 Direct F6
transaction MRO Employee Stock Option (Right to Buy) Options Exercise $0 -10.4K -33.33% $0.00 20.8K Dec 7, 2021 Common Stock 10.4K $10.47 Direct F7
* 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 $16.35 to $16.41, 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 $16.345 to $16.395, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.360 to $16.385, 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.
F4 This stock option (the "Employee Stock Option") to acquire 48,000 shares of the common stock of Marathon Oil Corporation was granted on February 24, 2016 and vested in equal installments of 16,000 options on each of February 24, 2017, February 24, 2018 and February 24, 2019.
F5 This stock option (the "Employee Stock Option") to acquire 19,018 shares of the common stock of Marathon Oil Corporation was granted on February 22, 2017 and vested as follows: 6,339 options on February 22, 2018, 6,339 options on February 22, 2019, and 6,340 options on February 22, 2020.
F6 This stock option (the "Employee Stock Option") to acquire 21,740 shares of the common stock of Marathon Oil Corporation was granted on February 28, 2018 and vested as follows: 7,246 options on February 28, 2019, 7,247 options on February 28, 2020, and 7,247 options on February 28, 2021.
F7 This stock option (the "Employee Stock Option") to acquire 31,250 shares of the common stock of Marathon Oil Corporation was granted on February 19, 2020 and vests as follows: 10,416 options on February 19, 2021, 10,417 options on February 19, 2022, and 10,417 options on February 19, 2023.