Thomas Kaczynski - 10 Jun 2022 Form 4 Insider Report for Marathon Petroleum Corp (MPC)

Reporting relationship: SVP, Finance and Treasurer
Issuer ticker: MPC
Reported as of: 10 Jun 2022
Net transaction value: -$5,777,136
SEC form: 4
Accepted by SEC: 14 Jun 2022, 16:01:48 UTC
Prior SEC filing: 03 Mar 2022
Next SEC filing: 06 Dec 2022
Source filing: View source filing
Reporting owner signature: /s/ Molly R. Benson, Attorney-in-Fact for Thomas Kaczynski

Key filing fact

Thomas Kaczynski filed Form 4 for Marathon Petroleum Corp (MPC) on 14 Jun 2022.

Key facts

This page summarizes Thomas Kaczynski's Form 4 filing for Marathon Petroleum Corp (MPC).
19 reported transactions and 6 derivative rows are listed below.
Accepted by SEC: 14 Jun 2022, 16:01.

Change

Previous filing in this sequence was filed on 03 Mar 2022.
Current net transaction value: -$5,777,136.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MPC transaction

Common Stock

Options Exercise

Transaction value: $414,908
Shares: +9,008
Change %: +39%
Price: $46.06
Shares after: 31,952
Date: 10 Jun 2022
Ownership: Direct

MPC transaction

Common Stock

Options Exercise

Transaction value: $611,323
Shares: +17,653
Change %: +55%
Price: $34.63^*
Shares after: 49,605
Date: 10 Jun 2022
Ownership: Direct

MPC transaction

Common Stock

Options Exercise

Transaction value: $630,236
Shares: +12,360
Change %: +25%
Price: $50.99
Shares after: 61,965
Date: 10 Jun 2022
Ownership: Direct

MPC transaction

Common Stock

Options Exercise

Transaction value: $537,174
Shares: +8,291
Change %: +13%
Price: $64.79
Shares after: 70,256
Date: 10 Jun 2022
Ownership: Direct

MPC transaction

Common Stock

Options Exercise

Transaction value: $681,896
Shares: +10,879
Change %: +15%
Price: $62.68
Shares after: 81,135
Date: 10 Jun 2022
Ownership: Direct

MPC transaction

Common Stock

Options Exercise

Transaction value: $508,086
Shares: +10,645
Change %: +13%
Price: $47.73
Shares after: 91,780
Date: 10 Jun 2022
Ownership: Direct

MPC transaction

Common Stock

Sale

Transaction value: $984,304
Shares: -9,008
Change %: -9.8%
Price: $109.27
Shares after: 82,772
Date: 10 Jun 2022
Ownership: Direct
Footnotes: F1

MPC transaction

Common Stock

Sale

Transaction value: $1,928,943
Shares: -17,653
Change %: -21%
Price: $109.27
Shares after: 65,119
Date: 10 Jun 2022
Ownership: Direct
Footnotes: F1

MPC transaction

Common Stock

Sale

Transaction value: $1,350,577
Shares: -12,360
Change %: -19%
Price: $109.27
Shares after: 52,759
Date: 10 Jun 2022
Ownership: Direct
Footnotes: F1

MPC transaction

Common Stock

Sale

Transaction value: $905,958
Shares: -8,291
Change %: -16%
Price: $109.27
Shares after: 44,468
Date: 10 Jun 2022
Ownership: Direct
Footnotes: F1

MPC transaction

Common Stock

Sale

Transaction value: $1,188,748
Shares: -10,879
Change %: -24%
Price: $109.27
Shares after: 33,589
Date: 10 Jun 2022
Ownership: Direct
Footnotes: F1

MPC transaction

Common Stock

Sale

Transaction value: $1,163,179
Shares: -10,645
Change %: -32%
Price: $109.27
Shares after: 22,944
Date: 10 Jun 2022
Ownership: Direct
Footnotes: F1

MPC transaction

Common Stock

Sale

Transaction value: $1,639,050
Shares: -15,000
Change %: -65%
Price: $109.27
Shares after: 7,944
Date: 10 Jun 2022
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MPC transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -9,008
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 10 Jun 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 9,008
Exercise price: $46.06
Footnotes: F2

MPC transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -17,653
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 10 Jun 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 17,653
Exercise price: $34.63
Footnotes: F3

MPC transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -12,360
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 10 Jun 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,360
Exercise price: $50.99
Footnotes: F4

MPC transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -8,291
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 10 Jun 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,291
Exercise price: $64.79
Footnotes: F5

MPC transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -10,879
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 10 Jun 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 10,879
Exercise price: $62.68
Footnotes: F6

MPC transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -10,645
Change %: -67%
Price: $0.000000
Shares after: 5,323
Date: 10 Jun 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 10,645
Exercise price: $47.73
Footnotes: F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 8, 2022.

Footnote F2

This option, in the amount of 9,008, is exercisable as follows: 3,002 shares on September 1, 2016, 3,003 shares on September 1, 2017 and 3,003 shares on September 1, 2018.

Footnote F3

This option, in the amount of 17,653, is exercisable as follows: 5,884 shares on March 1, 2017, 5,884 shares on March 1, 2018 and 5,885 shares on March 1, 2019.

Footnote F4

This option, in the amount of 12,360, is exercisable as follows: 4,120 shares on March 1, 2018, 4,120 shares on March 1, 2019 and 4,120 shares on March 1, 2020.

Footnote F5

This option, in the amount of 8,291, is exercisable as follows: 2,763 shares on March 1, 2019, 2,764 shares on March 1, 2020 and 2,764 shares on December 28, 2020.

Footnote F6

This option, in the amount of 10,879, is exercisable as follows: 3,626 shares on March 1, 2020 and 7,253 shares on December 28, 2020.

Footnote F7

This option, in the amount of 15,968, is exercisable as follows: 5,322 shares on March 1, 2021, 5,323 shares on March 1, 2022 and 5,323 shares on March 1, 2023.

SEC remarks

Senior Vice President, Finance and Treasurer