Timothy J. Aydt - 14 Nov 2022 Form 4 Insider Report for Marathon Petroleum Corp (MPC)

Role
Ex VP, Refining
Signature
/s/ Molly R. Benson, Attorney-in-Fact for Timothy J. Aydt
Issuer symbol
MPC
Transactions as of
14 Nov 2022
Transactions value $
-$847,071
Form type
4
Filing time
16 Nov 2022, 18:42:12 UTC
Previous filing
05 Aug 2022
Next filing
23 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPC Common Stock Options Exercise $315K +5.02K +29.95% $62.68 21.8K 14 Nov 2022 Direct F1
transaction MPC Common Stock Sale -$613K -5.02K -23.05% $122.12 16.8K 14 Nov 2022 Direct
transaction MPC Common Stock Options Exercise $352K +7.37K +43.97% $47.73 24.1K 14 Nov 2022 Direct
transaction MPC Common Stock Sale -$900K -7.37K -30.54% $122.17 16.8K 14 Nov 2022 Direct F2
holding MPC Common Stock 2.76K 14 Nov 2022 By 401(k) Plan F3

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 -5.02K -50% $0.00 5.02K 14 Nov 2022 Common Stock 5.02K $62.68 Direct F4
transaction MPC Employee Stock Option (right to buy) Options Exercise $0 -7.37K -50% $0.00 7.37K 14 Nov 2022 Common Stock 7.37K $47.73 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes .284546 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.15 to $122.17, 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 range set forth in footnote 2 to this Form 4.
F3 Includes 15.850 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11. Also reflects the deduction of an administrative fee in the amount of .044 shares and the addition of interest received in the amount of .051 shares.
F4 This option, in the amount of 10,042, is exercisable as follows: 3,347 shares on March 1, 2020 and 6,695 shares on December 28, 2020.
F5 This option, in the amount of 14,739, is exercisable as follows: 4,913 shares on March 1, 2021, 4,913 shares on March 1, 2022 and 4,913 shares on March 1, 2023.

Remarks:

Executive Vice President, Refining