Gregory S. Floerke - Aug 10, 2023 Form 4 Insider Report for Marathon Petroleum Corp (MPC)

Role
Ex VP & COO, MPLX GP LLC
Signature
/s/ Molly R. Benson, Attorney-in-Fact for Gregory S. Floerke
Stock symbol
MPC
Transactions as of
Aug 10, 2023
Transactions value $
-$803,103
Form type
4
Date filed
8/14/2023, 02:58 PM
Previous filing
Mar 3, 2023
Next filing
Dec 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPC Common Stock Options Exercise $391K +8.19K +28.6% $47.73 36.8K Aug 10, 2023 Direct
transaction MPC Common Stock Sale -$1.19M -8.19K -22.24% $145.80 28.6K Aug 10, 2023 Direct
holding MPC Common Stock 617 Aug 10, 2023 By 401(k) Plan 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 -8.19K -100% $0.00* 0 Aug 10, 2023 Common Stock 8.19K $47.73 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 7.376 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 .028 shares, the addition of interest received in the amount of .014 shares and contributions in the amount of 31.917.
F2 This option, in the amount of 24,565, is exercisable as follows: 8,188 shares on March 1, 2021, 8,188 shares on March 1, 2022 and 8,189 shares on March 1, 2023.

Remarks:

The Reporting Person is the Executive Vice President and Chief Operating Officer of MPLX GP LLC, a subsidiary of the Issuer.