Raymond L. Brooks - Feb 4, 2022 Form 4 Insider Report for Marathon Petroleum Corp (MPC)

Role
Ex. VP, Refining
Signature
/s/ Molly R. Benson, Attorney-in-Fact for Raymond L. Brooks
Stock symbol
MPC
Transactions as of
Feb 4, 2022
Transactions value $
-$2,921,865
Form type
4
Date filed
2/8/2022, 05:43 PM
Previous filing
Jan 31, 2022
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPC Common Stock Options Exercise $341K +7.6K +13.04% $44.92 65.8K Feb 4, 2022 Direct
transaction MPC Common Stock Sale -$596K -7.6K -11.54% $78.48 58.2K Feb 4, 2022 Direct F1
transaction MPC Common Stock Options Exercise $394K +8.79K +15.09% $44.77 67K Feb 4, 2022 Direct
transaction MPC Common Stock Sale -$690K -8.79K -13.11% $78.51 58.2K Feb 4, 2022 Direct F2
transaction MPC Common Stock Options Exercise $1.88M +54.2K +93.01% $34.63* 112K Feb 4, 2022 Direct
transaction MPC Common Stock Sale -$4.25M -54.2K -48.19% $78.39 58.2K Feb 4, 2022 Direct F3
holding MPC Common Stock 26.9K Feb 4, 2022 By 401(k) Plan

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 MPC Employee Stock Option (right to buy) Options Exercise $0 -7.6K -100% $0.00* 0 Feb 4, 2022 Common Stock 7.6K $44.92 Direct F4
transaction MPC Employee Stock Option (right to buy) Options Exercise $0 -8.79K -100% $0.00* 0 Feb 4, 2022 Common Stock 8.79K $44.77 Direct F5
transaction MPC Employee Stock Option (right to buy) Options Exercise $0 -54.2K -100% $0.00* 0 Feb 4, 2022 Common Stock 54.2K $34.63 Direct F6
* 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 $78.47 to $78.48, inclusive. The reporting person undertakes to provide to Marathon Petroleum Corporation, any security holder of Marathon Petroleum 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 ranges set forth in footnotes 1, 2 and 3 to this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.51 to $78.52. The reporting person undertakes to provide to Marathon Petroleum Corporation, any security holder of Marathon Petroleum 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 ranges set forth in footnotes 1, 2 and 3 to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.35 to $78.50, inclusive. The reporting person undertakes to provide to Marathon Petroleum Corporation, any security holder of Marathon Petroleum 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 ranges set forth in footnotes 1, 2 and 3 to this Form 4.
F4 This option, in the amount of 7,596, is exercisable as follows: 2,532 shares on April 1, 2014, 2,532 shares on April 1, 2015 and 2,532 shares on April 1, 2016.
F5 This option, in the amount of 8,790, is exercisable as follows: 2,930 shares on April 1, 2015, 2,930 shares on April 1, 2016 and 2,930 shares on April 1, 2017.
F6 This option, in the amount of 54,163, is exercisable as follows: 18,054 shares on March 1, 2017, 18,054 shares on March 1, 2018 and 18,055 shares on March 1, 2019.

Remarks:

Executive Vice President, Refining