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Hennigan Michael J's Form 4 filing

Marathon Petroleum Corp (MPC) · filed Nov 16, 2022

Accession no.
0001209191-22-057414
Filed
Nov 16, 2022
Trade date
Nov 14-16, 2022
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 17 non-derivative transactions and 9 derivative transactions. Open-market sales total $33.7M. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Hennigan Michael JCIK 0001352283Director, Officer (President & CEO)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Nov 14, 2022Common StockMOption exerciseAcquired+10,790$64.79+$699,084.1334,386Direct
Nov 14, 2022Common StockMOption exerciseAcquired+22,100$62.68+$1,385,228356,486Direct
Nov 14, 2022Common StockMOption exerciseAcquired+40,340$47.73+$1,925,428.2396,826Direct
Nov 14, 2022Common StockSSaleDisposed−33,878$121.08F2−$4,101,948.24362,948Direct
Nov 14, 2022Common StockSSaleDisposed−53,311$121.94F3−$6,500,743.34309,637Direct
Nov 14, 2022Common StockSSaleDisposed−12,811$122.71F4−$1,572,037.81296,826Direct
Nov 15, 2022Common StockMOption exerciseAcquired+10,790$64.79+$699,084.1307,616Direct
Nov 15, 2022Common StockMOption exerciseAcquired+22,100$62.68+$1,385,228329,716Direct
Nov 15, 2022Common StockMOption exerciseAcquired+40,340$47.73+$1,925,428.2370,056Direct
Nov 15, 2022Common StockSSaleDisposed−20,634$118.93F5−$2,454,001.62349,422Direct
Nov 15, 2022Common StockSSaleDisposed−63,453$119.85F6−$7,604,842.05285,969Direct
Nov 15, 2022Common StockSSaleDisposed−14,976$120.63F7−$1,806,554.88270,993Direct
Nov 15, 2022Common StockSSaleDisposed−937$121.36F8−$113,714.32270,056Direct
Nov 16, 2022Common StockMOption exerciseAcquired+8,645$64.79+$560,109.55278,701Direct
Nov 16, 2022Common StockMOption exerciseAcquired+17,725$62.68+$1,111,003296,426Direct
Nov 16, 2022Common StockMOption exerciseAcquired+32,319$47.73+$1,542,585.87328,745Direct
Nov 16, 2022Common StockSSaleDisposed−80,149$118.73−$9,516,090.77248,596Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Nov 14, 2022Common StockMOption exerciseDisposed−10,790$0.00$019,435Direct
Nov 14, 2022Common StockMOption exerciseDisposed−22,100$0.00$039,825Direct
Nov 14, 2022Common StockMOption exerciseDisposed−40,340$0.00$072,659Direct
Nov 15, 2022Common StockMOption exerciseDisposed−10,790$0.00$08,645Direct
Nov 15, 2022Common StockMOption exerciseDisposed−22,100$0.00$017,725Direct
Nov 15, 2022Common StockMOption exerciseDisposed−40,340$0.00$032,319Direct
Nov 16, 2022Common StockMOption exerciseDisposed−8,645$0.00$00Direct
Nov 16, 2022Common StockMOption exerciseDisposed−17,725$0.00$00Direct
Nov 16, 2022Common StockMOption exerciseDisposed−32,319$0.00$00Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.45 to $121.445, 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 2 through 8 to this Form 4.

Referenced by the price of 1 transaction in Table I.

F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.45 to $122.44, 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 2 through 8 to this Form 4.

Referenced by the price of 1 transaction in Table I.

F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.45 to $123.08, 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 2 through 8 to this Form 4.

Referenced by the price of 1 transaction in Table I.

F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.28 to $119.27, 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 2 and 8 to this Form 4.

Referenced by the price of 1 transaction in Table I.

F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.29 to $120.285, 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 2 through 8 to this Form 4.

Referenced by the price of 1 transaction in Table I.

F7

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.29 to $121.28, 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 2 through 8 to this Form 4.

Referenced by the price of 1 transaction in Table I.

F8

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.33 to $121.43, 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 2 through 8 to this Form 4.

Referenced by the price of 1 transaction in Table I.

Remarks

President and Chief Executive Officer

Read the full filing on SEC EDGAR (opens in a new tab)