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

Signature
John D. Montanti, Attorney-in-Fact for Patrick Wagner
Stock symbol
MRO
Transactions as of
Nov 4, 2022
Transactions value $
-$2,873,740
Form type
4
Date filed
11/8/2022, 03:30 PM
Previous filing
Apr 1, 2022
Next filing
Jan 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRO Common Stock Sale -$1.44M -44.9K -24.98% $32.19 135K Nov 4, 2022 Direct F1
transaction MRO Common Stock Options Exercise $988K +58.8K +43.67% $16.79 194K Nov 4, 2022 Direct
transaction MRO Common Stock Sale -$1.9M -58.8K -30.39% $32.22 135K Nov 4, 2022 Direct F2
transaction MRO Common Stock Options Exercise $500K +31.7K +23.53% $15.76 166K Nov 4, 2022 Direct
transaction MRO Common Stock Sale -$1.02M -31.7K -19.05% $32.24 135K Nov 4, 2022 Direct F3

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 -58.8K -100% $0.00* 0 Nov 4, 2022 Common Stock 58.8K $16.79 Direct F4
transaction MRO Employee Stock Option (Right to Buy) Options Exercise $0 -31.7K -100% $0.00* 0 Nov 4, 2022 Common Stock 31.7K $15.76 Direct F5
* 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 $32.180 to $32.215, 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 $32.220 to $32.245, 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 $32.230 to $32.250, 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 to acquire 58,823 shares of the common stock of Marathon Oil Corporation was granted on February 27, 2019 and vested in three annual installments as follows: 19,607 options vested on February 27, 2020, 19,608 options vested on February 27, 2021 and 19,608 options vested on February 27, 2022.
F5 This stock option to acquire 31,696 shares of the common stock of Marathon Oil Corporation was granted on February 22, 2017 and vested in three annual installments as follows: 10,565 options vested on February 22, 2018, 10,565 options vested on February 22, 2019 and 10,566 options vested on February 22, 2020.

Remarks:

Executive Vice President, Corporate Development and Strategy