Lee M. Tillman - 15 Sep 2023 Form 4 Insider Report for MARATHON OIL CORP

Role
Chairman, President and CEO, Director
Signature
John D. Montanti, Attorney-in-Fact for Lee M. Tillman
Issuer symbol
N/A
Transactions as of
15 Sep 2023
Net transactions value
-$2,697,273
Form type
4
Filing time
19 Sep 2023, 16:30:40 UTC
Previous filing
30 Aug 2023
Next filing
02 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRO Common Stock Options Exercise $1,672,289 +159,722 +22% $10.47 870,105 15 Sep 2023 Direct
transaction MRO Common Stock Sale $4,369,563 -159,722 -18% $27.36 710,383 15 Sep 2023 Direct F1
holding MRO Common Stock 441,719 15 Sep 2023 By 3Bears Investments Limited Partnership

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 -159,722 -100% $0.000000* 0 15 Sep 2023 Common Stock 159,722 $10.47 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 $27.350 to $27.385, 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 These stock options were granted on February 19, 2020 and vested on February 19, 2023.