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Marathon Petroleum Corp Director's Dealing 2018

Jun 1, 2018

29974_dirs_2018-06-01_84db35fe-4c0a-4d1b-92fa-35a90e0fe10e.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: 2018-05-30

Reporting Person: Kelley Thomas M. (Sr. Vice President, Marketing)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-05-30 Common Stock M 14818 $20.775 Acquired 51868.8691 Direct
2018-05-30 Common Stock M 10000 $20.845 Acquired 61868.8691 Direct
2018-05-30 Common Stock S 14818 $79.41 Disposed 47050.8691 Direct
2018-05-30 Common Stock S 10000 $79.55 Disposed 37050.8691 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-05-30 Stock Option (right to buy) $20.845 M 10000 Disposed 2021-02-23 Common Stock (10000) Direct
2018-05-30 Stock Option (right to buy) $20.775 M 14818 Disposed 2022-03-01 Common Stock (14818) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 2974.041 Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.31 to $79.60, 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 $79.48 to $79.60, 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: Reflects the deduction of an administrative fee in the amount of .018 shares.

F4: This option was previously reported as covering 21,125 shares at an exercise price of $41.69 per share, but has been adjusted to reflect the 2-for-1 stock split that occurred on June 10, 2015.

F5: This option, in the adjusted amount of 42,250, was exercisable as follows: 14,082 shares on February 23, 2012, 14,084 shares on February 23, 2013 and 14,084 shares on February 23, 2014. These share amounts reflect the 2-for-1 stock split that occurred on June 10, 2015.

F6: This option was previously reported as covering 22,409 shares at an exercise price of $41.55 per share, but has been adjusted to reflect the 2-for-1 stock split that occurred on June 10, 2015.

F7: This option, in the adjusted amount of 44,818, was exercisable as follows: 14,938 shares on March 1, 2013, 14,940 shares on March 1, 2014 and 14,940 shares on March 1, 2015. These share amounts reflect the 2-for-1 stock split that occurred on June 10, 2015.