Dane E. Whitehead - 16 Nov 2022 Form 4 Insider Report for MARATHON OIL CORP

Reporting relationship: Executive VP and CFO
Issuer ticker: N/A
Reported as of: 16 Nov 2022
Net transaction value: -$1,727,976
SEC form: 4
Accepted by SEC: 17 Nov 2022, 15:39:12 UTC
Prior SEC filing: 08 Nov 2022
Next SEC filing: 27 Jan 2023
Source filing: View source filing
Reporting owner signature: John D. Montanti, Attorney-in-Fact for Dane E. Whitehead

Key filing fact

Dane E. Whitehead filed Form 4 for MARATHON OIL CORP on 17 Nov 2022.

Key facts

This page summarizes Dane E. Whitehead's Form 4 filing for MARATHON OIL CORP.
5 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 17 Nov 2022, 15:39.

Change

Previous filing in this sequence was filed on 08 Nov 2022.
Current net transaction value: -$1,727,976.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MRO transaction

Common Stock

Gift

Transaction value: $0
Shares: -3,170
Change %: -1.5%
Price: $0.000000
Shares after: 202,700
Date: 14 Nov 2022
Ownership: Direct
Footnotes: F1

MRO transaction

Common Stock

Sale

Transaction value: $644,408
Shares: -20,000
Change %: -9.9%
Price: $32.22
Shares after: 182,700
Date: 16 Nov 2022
Ownership: Direct
Footnotes: F2

MRO transaction

Common Stock

Options Exercise

Transaction value: $1,185,173
Shares: +70,588
Change %: +39%
Price: $16.79
Shares after: 253,288
Date: 16 Nov 2022
Ownership: Direct

MRO transaction

Common Stock

Sale

Transaction value: $2,268,741
Shares: -70,588
Change %: -28%
Price: $32.14
Shares after: 182,700
Date: 16 Nov 2022
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MRO transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -70,588
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 16 Nov 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 70,588
Exercise price: $16.79
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Reflects the gift of common stock to a charitable donor advised fund.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.210 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.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.100 to $32.195, 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.

Footnote F4

This stock option to acquire 70,588 shares of the common stock of Marathon Oil Corporation was granted on February 27, 2019 and vested in three annual installments as follows: 23,529 options vested on February 27, 2020, 23,529 options vested on February 27, 2021 and 23,530 options vested on February 27, 2022.