Carl Kristopher Hagedorn - Aug 25, 2022 Form 4 Insider Report for Marathon Petroleum Corp (MPC)

Role
Senior VP and Controller
Signature
/s/ Molly R. Benson, Attorney-in-Fact for Carl Kristopher Hagedorn
Stock symbol
MPC
Transactions as of
Aug 25, 2022
Transactions value $
-$796,719
Form type
4
Date filed
8/29/2022, 12:06 PM
Previous filing
Apr 5, 2022
Next filing
Mar 3, 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 $191K +2.66K +33.77% $71.80 10.5K Aug 25, 2022 Direct
transaction MPC Common Stock Sale -$280K -2.66K -25.25% $105.39 7.87K Aug 25, 2022 Direct
transaction MPC Common Stock Options Exercise $427K +7K +88.9% $61.05 14.9K Aug 25, 2022 Direct
transaction MPC Common Stock Sale -$738K -7K -47.06% $105.41 7.87K Aug 25, 2022 Direct F1
transaction MPC Common Stock Options Exercise $98K +4.7K +59.63% $20.87 12.6K Aug 25, 2022 Direct
transaction MPC Common Stock Sale -$495K -4.7K -37.36% $105.42 7.87K Aug 25, 2022 Direct 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 -2.66K -100% $0.00* 0 Aug 25, 2022 Common Stock 2.66K $71.80 Direct F3
transaction MPC Employee Stock Option (right to buy) Options Exercise $0 -7K -100% $0.00* 0 Aug 25, 2022 Common Stock 7K $61.05 Direct F4
transaction MPC Employee Stock Option (right to buy) Options Exercise $0 -4.7K -50% $0.00 4.7K Aug 25, 2022 Common Stock 4.7K $20.87 Direct F5
* 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 $105.40 to $105.41, 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 ranges set forth in footnotes 1 and 2 to this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.41 to $105.42, 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 ranges set forth in footnotes 1 and 2 to this Form 4.
F3 This option, in the amount of 2,659, is exercisable as follows: 886 shares on April 1, 2019, 886 shares on April 1, 2020 and 887 shares on April 1, 2021.
F4 This option, in the amount of 6,999, is exercisable as follows: 2,333 shares on April 1, 2020, 2,333 shares on April 1, 2021 and 2,333 shares on April 1, 2022.
F5 This option, in the amount of 14,085, is exercisable as follows: 4,695 shares on April 1, 2021, 4,695 shares on April 1, 2022 and 4,695 shares on April 1, 2023.

Remarks:

Senior Vice President and Controller