LOWDEN STEVEN J 4
4 · MARATHON OIL CORP · Filed Feb 4, 2005
Insider Transaction Report
Form 4
LOWDEN STEVEN J
Sr. V.P.-Bus. Dev./Int. Gas
Transactions
- Exercise/Conversion
COMMON STOCK
2005-02-02$32.52/sh+25,000$813,000→ 57,073 total - Disposition to Issuer
COMMON STOCK
2005-02-02$39.61/sh−22,763$901,642→ 34,310 total - Exercise/Conversion
EMPLOYEE STOCK OPTION (Right to Buy)
2005-02-02−25,000→ 0 totalExercise: $32.52From: 2002-05-29Exp: 2011-05-29→ COMMON STOCK (25,000 underlying) - Exercise/Conversion
STOCK APPRECIATION RIGHT
2005-02-02−25,000→ 0 totalExercise: $32.52From: 2002-05-29Exp: 2011-05-29→ COMMON STOCK (25,000 underlying)
Footnotes (2)
- [F1]Under the terms of the Stock Appreciation Right, the Stock Appreciation Right will be adjusted to reflect the highest fair market value of Marathon Oil Corporation common stock during the ten day trading period commencing February 1, 2005.
- [F2]Exercise of tandem SAR and cancellation of underlying stock option.