Lee M. Tillman - 28 Feb 2022 Form 4 Insider Report for MARATHON OIL CORP

Role: Chairman, President and CEO, Director
Signature: John D. Montanti, Attorney-in-Fact for Lee M. Tillman
Issuer symbol: N/A
Transactions as of: 28 Feb 2022
Net transactions value: -$3,036,366
Form type: 4
Filing time: 02 Mar 2022, 15:38:55 UTC
Previous filing: 28 Feb 2022
Next filing: 04 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MRO	Common Stock	Sale	$2,232,148	-99,698	-8.8%	$22.39	1,028,312	28 Feb 2022	Direct	F1
transaction	MRO	Common Stock	Award	$0	+131,061	+13%	$0.000000	1,159,373	01 Mar 2022	Direct	F2
transaction	MRO	Common Stock	Tax liability	$804,217	-35,134	-3%	$22.89	1,124,239	01 Mar 2022	Direct

* 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 $22.085 to $22.590, 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	Restricted stock units granted under Marathon Oil Corporation's 2019 Incentive Compensation Plan, which vest in three equal, annual installments beginning one year from the date of grant.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.085 to $22.590, 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.

Restricted stock units granted under Marathon Oil Corporation's 2019 Incentive Compensation Plan, which vest in three equal, annual installments beginning one year from the date of grant.