Michael A. Henderson - Mar 22, 2022 Form 4 Insider Report for MARATHON OIL CORP (MRO)

Role
Executive VP, Operations
Signature
John D. Montanti, Attorney-in-Fact for Michael A. Henderson
Stock symbol
MRO
Transactions as of
Mar 22, 2022
Transactions value $
-$1,572,002
Form type
4
Date filed
3/24/2022, 04:32 PM
Previous filing
Mar 9, 2022
Next filing
Nov 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRO Common Stock Sale -$989K -40K -17.76% $24.73 185K Mar 22, 2022 Direct F1
transaction MRO Common Stock Options Exercise $291K +27.8K +14.99% $10.47 213K Mar 22, 2022 Direct
transaction MRO Common Stock Sale -$687K -27.8K -13.04% $24.73 185K Mar 22, 2022 Direct F1
transaction MRO Common Stock Options Exercise $395K +23.5K +12.7% $16.79 209K Mar 22, 2022 Direct
transaction MRO Common Stock Sale -$582K -23.5K -11.27% $24.73 185K Mar 22, 2022 Direct F1

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 -27.8K -66.67% $0.00 13.9K Mar 22, 2022 Common Stock 27.8K $10.47 Direct F2
transaction MRO Employee Stock Option (Right to Buy) Options Exercise $0 -23.5K -100% $0.00* 0 Mar 22, 2022 Common Stock 23.5K $16.79 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 $24.500 to $25.160, 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 This stock option to acquire 41,666 shares of the common stock of Marathon Oil Corporation was granted on February 19, 2020 and vests in three annual installments as follows: 13,888 options vested on February 19, 2021, 13,889 options vested on February 19, 2022 and 13,889 options vest on February 19, 2023.
F3 This stock option to acquire 23,529 shares of the common stock of Marathon Oil Corporation was granted on February 27, 2019 and vested in three equal installments of 7,843 options on each of February 27, 2020, February 27, 2021 and February 27, 2022.