Dane E. Whitehead - Feb 18, 2022 Form 4 Insider Report for MARATHON OIL CORP (MRO)

Role
Executive VP and CFO
Signature
John D. Montanti, Attorney-in-Fact for Dane E. Whitehead
Stock symbol
MRO
Transactions as of
Feb 18, 2022
Transactions value $
-$1,948,242
Form type
4
Date filed
2/23/2022, 03:22 PM
Previous filing
Jan 28, 2022
Next filing
Feb 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRO Common Stock Sale -$999K -45.6K -11.78% $21.89 342K Feb 18, 2022 Direct F1
transaction MRO Common Stock Options Exercise $454K +43.4K +12.7% $10.47 385K Feb 18, 2022 Direct
transaction MRO Common Stock Sale -$949K -43.4K -11.27% $21.87 342K Feb 18, 2022 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 -$454K -43.4K -33.33% $10.47 86.8K Feb 18, 2022 Common Stock 43.4K $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 $21.890 to $21.905, 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 $21.870 to $21.880, 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 to acquire 130,208 shares of the common stock of Marathon Oil Corporation was granted on February 19, 2020 and vests in three annual installments as follows: 43,402 options vested on February 19,2021, 43,403 options vested on February 19, 2022 and 43,403 options vest on February 19, 2023.