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

Role
Chairman, President and CEO, Director
Signature
John D. Montanti, Attorney-in-Fact for Lee M. Tillman
Stock symbol
MRO
Transactions as of
Sep 15, 2023
Transactions value $
-$2,697,273
Form type
4
Date filed
9/19/2023, 04:30 PM
Previous filing
Aug 30, 2023
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRO Common Stock Options Exercise $1.67M +160K +22.48% $10.47 870K Sep 15, 2023 Direct
transaction MRO Common Stock Sale -$4.37M -160K -18.36% $27.36 710K Sep 15, 2023 Direct F1
holding MRO Common Stock 442K Sep 15, 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 -160K -100% $0.00* 0 Sep 15, 2023 Common Stock 160K $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.