Lee M. Tillman - 18 Nov 2024 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: 18 Nov 2024
Net transactions value: -$2,976
Form type: 4
Filing time: 19 Nov 2024, 16:30:02 UTC
Previous filing: 21 Mar 2024
Next filing: 22 Nov 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	$7,456,534	+256,591	+43%	$29.06	852,921	18 Nov 2024	Direct
transaction	MRO	Common Stock	Sale	$7,459,511	-256,591	-30%	$29.07	596,330	18 Nov 2024	Direct	F1
holding	MRO	Common Stock						604,173	18 Nov 2024	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	-256,591	-100%	$0.000000	0	18 Nov 2024	Common Stock	256,591	$29.06	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 $29.07 to $29.09, 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 25, 2015 and vested in cumulative annual installments of 85,530, 85,530 and 85,531 options on February 25, 2016, 2017 and 2018, respectively.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.07 to $29.09, 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.

These stock options were granted on February 25, 2015 and vested in cumulative annual installments of 85,530, 85,530 and 85,531 options on February 25, 2016, 2017 and 2018, respectively.