Timothy J. Aydt - 22 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
22 Nov 2022
Net transactions value
-$516,184
Form type
4
Filing time
23 Nov 2022, 09:55:21 UTC
Previous filing
16 Nov 2022
Next filing
25 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 $312,708 +5,021 +30% $62.28 21,783 22 Nov 2022 Direct
transaction MPC Common Stock Sale $635,307 -5,021 -23% $126.53 16,762 22 Nov 2022 Direct F1
transaction MPC Common Stock Options Exercise $117,225 +2,456 +15% $47.73 19,218 22 Nov 2022 Direct
transaction MPC Common Stock Sale $310,809 -2,456 -13% $126.55 16,762 22 Nov 2022 Direct
holding MPC Common Stock 2,764 22 Nov 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 -5,021 -100% $0.000000* 0 22 Nov 2022 Common Stock 5,021 $62.68 Direct F2
transaction MPC Employee Stock Option (right to buy) Options Exercise $0 -2,456 -33% $0.000000 4,913 22 Nov 2022 Common Stock 2,456 $47.73 Direct F3
* 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 $126.51 to $126.55, 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 1 to this Form 4.
F2 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.
F3 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