Suzanne Gagle - 19 Sep 2022 Form 4 Insider Report for Marathon Petroleum Corp (MPC)

Signature
/s/ Molly R. Benson, Attorney-in-Fact for Suzanne Gagle
Issuer symbol
MPC
Transactions as of
19 Sep 2022
Net transactions value
-$1,951,404
Form type
4
Filing time
21 Sep 2022, 17:21:20 UTC
Previous filing
05 Apr 2022
Next filing
06 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPC Common Stock Options Exercise $106,449 +2,370 +5.4% $44.92 46,366 19 Sep 2022 Direct
transaction MPC Common Stock Sale $220,457 -2,370 -5.1% $93.02 43,996 19 Sep 2022 Direct F1
transaction MPC Common Stock Options Exercise $134,579 +3,006 +6.8% $44.77 47,002 19 Sep 2022 Direct
transaction MPC Common Stock Sale $279,618 -3,006 -6.4% $93.02 43,996 19 Sep 2022 Direct F1
transaction MPC Common Stock Options Exercise $209,626 +4,120 +9.4% $50.88 48,116 19 Sep 2022 Direct
transaction MPC Common Stock Sale $391,400 -4,120 -8.6% $95.00 43,996 19 Sep 2022 Direct F1
transaction MPC Common Stock Options Exercise $692,600 +20,000 +45% $34.63* 63,996 19 Sep 2022 Direct
transaction MPC Common Stock Sale $1,860,400 -20,000 -31% $93.02 43,996 19 Sep 2022 Direct F1
transaction MPC Common Stock Options Exercise $196,629 +5,678 +13% $34.63* 49,674 19 Sep 2022 Direct
transaction MPC Common Stock Sale $539,410 -5,678 -11% $95.00 43,996 19 Sep 2022 Direct F1

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 -2,370 -100% $0.000000* 0 19 Sep 2022 Common Stock 2,370 $44.92 Direct F2
transaction MPC Employee Stock Option (right to buy) Options Exercise $0 -3,006 -100% $0.000000* 0 19 Sep 2022 Common Stock 3,006 $44.77 Direct F3
transaction MPC Employee Stock Option (right to buy) Options Exercise $0 -4,120 -100% $0.000000* 0 19 Sep 2022 Common Stock 4,120 $50.88 Direct F4
transaction MPC Employee Stock Option (right to buy) Options Exercise $0 -20,000 -78% $0.000000 5,678 19 Sep 2022 Common Stock 20,000 $34.63 Direct F5
transaction MPC Employee Stock Option (right to buy) Options Exercise $0 -5,678 -100% $0.000000* 0 19 Sep 2022 Common Stock 5,678 $34.63 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 19, 2022.
F2 This option, in the amount of 2,370, is exercisable as follows: 790 shares on April 1, 2014, 790 shares on April 1, 2015 and 790 shares on April 1, 2016.
F3 This option, in the amount of 3,006, is exercisable as follows: 1,002 shares on April 1, 2015, 1,002 shares on April 1, 2016 and 1,002 shares on April 1, 2017.
F4 This option, in the amount of 4,120, is exercisable as follows: 1,372 shares on April 1, 2016, 1,374 shares on April 1, 2017 and 1,374 shares on April 1, 2018.
F5 This option, in the amount of 25,678, is exercisable as follows: 8,559 shares on March 1, 2017, 8,559 shares on March 1, 2018 and 8,560 shares on March 1, 2019.

Remarks:

General Counsel and Senior Vice President, Government Affairs