Shawn M. Lyon - 10 Aug 2023 Form 4 Insider Report for Marathon Petroleum Corp (MPC)

Role
SVP Log & Storage, MPLX GP LLC
Signature
/s/ Molly R. Benson, Attorney-in-Fact for Shawn M. Lyon
Issuer symbol
MPC
Transactions as of
10 Aug 2023
Net transactions value
-$1,021,092
Form type
4
Filing time
14 Aug 2023, 15:00:41 UTC
Previous filing
05 Apr 2023
Next filing
12 Sep 2023
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 $168,755 +8,086 +54% $20.87* 23,122 10 Aug 2023 Direct
transaction MPC Common Stock Sale $1,189,847 -8,086 -35% $147.15 15,036 10 Aug 2023 Direct
holding MPC Common Stock 2,763 10 Aug 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 -8,086 -100% $0.000000* 0 10 Aug 2023 Common Stock 8,086 $20.87 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 18.200 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 .040 shares and the addition of interest received in the amount of .060 shares.
F2 This option, in the amount of 24,257, is exercisable as follows: 8,085 shares on April 1, 2021, 8,086 shares on April 1, 2022 and 8,086 shares on April 1, 2023.

Remarks:

The Reporting Person is the Senior Vice President, Logistics and Storage of MPLX GP LLC, a subsidiary of the Issuer.