Patrick Wagner - Mar 31, 2022 Form 4 Insider Report for MARATHON OIL CORP (MRO)

Role
Executive Vice President, Corporate Development and Strategy
Signature
John D. Montanti, Attorney-in-Fact for Patrick Wagner
Stock symbol
MRO
Transactions as of
Mar 31, 2022
Transactions value $
-$724,644
Form type
4
Date filed
4/1/2022, 04:31 PM
Previous filing
Mar 23, 2022
Next filing
Nov 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRO Common Stock Options Exercise $947K +65.2K +36.32% $14.52 245K Mar 31, 2022 Direct
transaction MRO Common Stock Sale -$1.67M -65.2K -26.64% $25.63 180K Mar 31, 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 -65.2K -100% $0.00* 0 Mar 31, 2022 Common Stock 65.2K $14.52 Direct F2
* 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 $25.620 to $25.645, 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 65,218 shares of the common stock of Marathon Oil Corporation was granted on February 28, 2018 and vested in three annual installments as follows: 21,739 options vested on February 28, 2019, 21,739 options vested on February 28, 2020 and 21,740 options vested on February 28, 2021.

Remarks:

Executive Vice President, Corporate Development and Strategy