Timothy J. Aydt - Nov 22, 2022 Form 4 Insider Report for Marathon Petroleum Corp (MPC)

Role
Ex VP, Refining
Signature
/s/ Molly R. Benson, Attorney-in-Fact for Timothy J. Aydt
Stock symbol
MPC
Transactions as of
Nov 22, 2022
Transactions value $
-$516,184
Form type
4
Date filed
11/23/2022, 09:55 AM
Previous filing
Nov 16, 2022
Next filing
Nov 25, 2022
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 $313K +5.02K +29.95% $62.28 21.8K Nov 22, 2022 Direct
transaction MPC Common Stock Sale -$635K -5.02K -23.05% $126.53 16.8K Nov 22, 2022 Direct F1
transaction MPC Common Stock Options Exercise $117K +2.46K +14.65% $47.73 19.2K Nov 22, 2022 Direct
transaction MPC Common Stock Sale -$311K -2.46K -12.78% $126.55 16.8K Nov 22, 2022 Direct
holding MPC Common Stock 2.76K Nov 22, 2022 By 401(k) Plan

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 -5.02K -100% $0.00* 0 Nov 22, 2022 Common Stock 5.02K $62.68 Direct F2
transaction MPC Employee Stock Option (right to buy) Options Exercise $0 -2.46K -33.33% $0.00 4.91K Nov 22, 2022 Common Stock 2.46K $47.73 Direct F3
* 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 $126.51 to $126.55, 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 range set forth in footnote 1 to this Form 4.
F2 This option, in the amount of 10,042, is exercisable as follows: 3,347 shares on March 1, 2020, and 6,695 shares on December 28, 2020.
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