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Marathon Petroleum Corp Director's Dealing 2011

Jul 5, 2011

29974_dirs_2011-07-05_df148e3c-4e20-4d46-b3c9-3bf321c1fda4.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Marathon Petroleum Corp (MPC)
CIK: 0001510295
Period of Report: 2011-06-30

Reporting Person: Shaffner George P. (Sr. VP, Transp. & Logistics)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-06-30 Common Stock A 6977 Acquired 7131.21 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-06-30 Stock Option (right to buy) $32.06 A 5077 Acquired 2016-06-01 Common Stock (5077) Direct
2011-06-30 Stock Option (right to buy) $51.75 A 5426 Acquired 2017-05-30 Common Stock (5426) Direct
2011-06-30 Stock Option (right to buy) $43.38 A 3339 Acquired 2018-05-28 Common Stock (3339) Direct
2011-06-30 Stock Option (right to buy) $24.79 A 8653 Acquired 2019-05-27 Common Stock (8653) Direct
2011-06-30 Stock Option (right to buy) $25.74 A 20787 Acquired 2020-05-26 Common Stock (20787) Direct
2011-06-30 Stock Option (right to buy) $41.69 A 21125 Acquired 2021-02-23 Common Stock (21125) Direct

Footnotes

F1: Adjusted distribution resulting from the spin-off of Issuer from Marathon Oil Corporation on June 30, 2011 (the "Spin-Off").

F2: Amounts reported in this row are estimated as of July 5, 2011 based on preliminary information regarding the Spin-Off; final amounts, if different, will be reported in a subsequent filing.

F3: Includes 154.210 shares acquired in a pro-rata distribution of Issuer shares from Marathon Oil Corporation in connection with the Spin-Off.

F4: 17,297 shares vest in annual installments of 8,648 shares on May 26, 2012 and 8,649 shares on May 26, 2013, respectively.

F5: Vests in annual installments of 7,041 shares on February 23, 2012, 7,042 shares on February 23, 2013 and 7,042 shares on February 23, 2014, respectively.