Thomas Kaczynski - 10 Jun 2022 Form 4 Insider Report for Marathon Petroleum Corp (MPC)

Signature
/s/ Molly R. Benson, Attorney-in-Fact for Thomas Kaczynski
Issuer symbol
MPC
Transactions as of
10 Jun 2022
Net transactions value
-$5,777,136
Form type
4
Filing time
14 Jun 2022, 16:01:48 UTC
Previous filing
03 Mar 2022
Next filing
06 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPC Common Stock Options Exercise $414,908 +9,008 +39% $46.06 31,952 10 Jun 2022 Direct
transaction MPC Common Stock Options Exercise $611,323 +17,653 +55% $34.63 49,605 10 Jun 2022 Direct
transaction MPC Common Stock Options Exercise $630,236 +12,360 +25% $50.99 61,965 10 Jun 2022 Direct
transaction MPC Common Stock Options Exercise $537,174 +8,291 +13% $64.79 70,256 10 Jun 2022 Direct
transaction MPC Common Stock Options Exercise $681,896 +10,879 +15% $62.68 81,135 10 Jun 2022 Direct
transaction MPC Common Stock Options Exercise $508,086 +10,645 +13% $47.73 91,780 10 Jun 2022 Direct
transaction MPC Common Stock Sale $984,304 -9,008 -9.8% $109.27 82,772 10 Jun 2022 Direct F1
transaction MPC Common Stock Sale $1,928,943 -17,653 -21% $109.27 65,119 10 Jun 2022 Direct F1
transaction MPC Common Stock Sale $1,350,577 -12,360 -19% $109.27 52,759 10 Jun 2022 Direct F1
transaction MPC Common Stock Sale $905,958 -8,291 -16% $109.27 44,468 10 Jun 2022 Direct F1
transaction MPC Common Stock Sale $1,188,748 -10,879 -24% $109.27 33,589 10 Jun 2022 Direct F1
transaction MPC Common Stock Sale $1,163,179 -10,645 -32% $109.27 22,944 10 Jun 2022 Direct F1
transaction MPC Common Stock Sale $1,639,050 -15,000 -65% $109.27 7,944 10 Jun 2022 Direct 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 -9,008 -100% $0.000000* 0 10 Jun 2022 Common Stock 9,008 $46.06 Direct F2
transaction MPC Employee Stock Option (right to buy) Options Exercise $0 -17,653 -100% $0.000000* 0 10 Jun 2022 Common Stock 17,653 $34.63 Direct F3
transaction MPC Employee Stock Option (right to buy) Options Exercise $0 -12,360 -100% $0.000000* 0 10 Jun 2022 Common Stock 12,360 $50.99 Direct F4
transaction MPC Employee Stock Option (right to buy) Options Exercise $0 -8,291 -100% $0.000000* 0 10 Jun 2022 Common Stock 8,291 $64.79 Direct F5
transaction MPC Employee Stock Option (right to buy) Options Exercise $0 -10,879 -100% $0.000000* 0 10 Jun 2022 Common Stock 10,879 $62.68 Direct F6
transaction MPC Employee Stock Option (right to buy) Options Exercise $0 -10,645 -67% $0.000000 5,323 10 Jun 2022 Common Stock 10,645 $47.73 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 8, 2022.
F2 This option, in the amount of 9,008, is exercisable as follows: 3,002 shares on September 1, 2016, 3,003 shares on September 1, 2017 and 3,003 shares on September 1, 2018.
F3 This option, in the amount of 17,653, is exercisable as follows: 5,884 shares on March 1, 2017, 5,884 shares on March 1, 2018 and 5,885 shares on March 1, 2019.
F4 This option, in the amount of 12,360, is exercisable as follows: 4,120 shares on March 1, 2018, 4,120 shares on March 1, 2019 and 4,120 shares on March 1, 2020.
F5 This option, in the amount of 8,291, is exercisable as follows: 2,763 shares on March 1, 2019, 2,764 shares on March 1, 2020 and 2,764 shares on December 28, 2020.
F6 This option, in the amount of 10,879, is exercisable as follows: 3,626 shares on March 1, 2020 and 7,253 shares on December 28, 2020.
F7 This option, in the amount of 15,968, is exercisable as follows: 5,322 shares on March 1, 2021, 5,323 shares on March 1, 2022 and 5,323 shares on March 1, 2023.

Remarks:

Senior Vice President, Finance and Treasurer