Timothy J. Aydt - 10 Aug 2023 Form 4 Insider Report for Marathon Petroleum Corp (MPC)

Signature
/s/ Molly R. Benson, Attorney-in-Fact for Timothy J. Aydt
Issuer symbol
MPC
Transactions as of
10 Aug 2023
Net transactions value
-$479,165
Form type
4
Filing time
14 Aug 2023, 14:56:52 UTC
Previous filing
03 Mar 2023
Next filing
05 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPC Common Stock Options Exercise $234,497 +4,913 +26% $47.73 23,908 10 Aug 2023 Direct F1
transaction MPC Common Stock Sale $713,662 -4,913 -21% $145.26 18,995 10 Aug 2023 Direct
transaction MPC Common Stock Gift $0 -1,082 -5.7% $0.000000 17,913 11 Aug 2023 Direct
holding MPC Common Stock 2,817 10 Aug 2023 By 401(k) Plan F2

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 -4,913 -100% $0.000000* 0 10 Aug 2023 Common Stock 4,913 $47.73 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes .586028 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
F2 Includes 34.485 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 .056 shares and the addition of interest received in the amount of .062 shares.
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