Dane E. Whitehead - Sep 29, 2023 Form 4 Insider Report for MARATHON OIL CORP (MRO)

Signature
John D. Montanti, Attorney-in-Fact for Dane E. Whitehead
Stock symbol
MRO
Transactions as of
Sep 29, 2023
Transactions value $
-$990,209
Form type
4
Date filed
10/2/2023, 04:47 PM
Previous filing
Sep 29, 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 Sale -$271K -10K -6.01% $27.07 156K Sep 29, 2023 Direct F1
transaction MRO Common Stock Options Exercise $454K +43.4K +27.74% $10.47 200K Sep 29, 2023 Direct
transaction MRO Common Stock Sale -$1.17M -43.4K -21.71% $27.05 156K Sep 29, 2023 Direct F2

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 -43.4K -100% $0.00* 0 Sep 29, 2023 Common Stock 43.4K $10.47 Direct F3
* 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 $27.062 to $27.080, 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 $27.040 to $27.065, 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 These stock options were granted on February 19, 2020 and vested on February 19, 2023.