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

Role
Executive VP and CFO
Signature
John D. Montanti, Attorney-in-Fact for Dane E. Whitehead
Stock symbol
MRO
Transactions as of
Nov 16, 2022
Transactions value $
-$1,727,976
Form type
4
Date filed
11/17/2022, 03:39 PM
Previous filing
Nov 8, 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 Gift $0 -3.17K -1.54% $0.00 203K Nov 14, 2022 Direct F1
transaction MRO Common Stock Sale -$644K -20K -9.87% $32.22 183K Nov 16, 2022 Direct F2
transaction MRO Common Stock Options Exercise $1.19M +70.6K +38.64% $16.79 253K Nov 16, 2022 Direct
transaction MRO Common Stock Sale -$2.27M -70.6K -27.87% $32.14 183K Nov 16, 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 -70.6K -100% $0.00* 0 Nov 16, 2022 Common Stock 70.6K $16.79 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the gift of common stock to a charitable donor advised fund.
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.
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.
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.