Stewart Michael K 4

Accession 0001209191-11-037829

CIK 0000101778other

View on SEC.gov Company Profile

Filed

Jul 4, 8:00 PM ET

Accepted

Jul 5, 5:34 PM ET

Size

45.8 KB

Accession

0001209191-11-037829

Insider Transaction Report

Form 4

Period: 2011-06-30

MARATHON OIL CORPMRO

Stewart Michael K

V.P.-Accounting and Controller

Transactions

Other
Employee Stock Option (Right to Buy)
2011-06-30+27,089→ 27,089 total
Exercise: $30.81From: 2012-02-23Exp: 2021-02-23→ Common Stock (27,089 underlying)
Other
Employee Stock Option (Right to Buy)
2011-06-30+7,991→ 7,991 total
Exercise: $34.06From: 2011-02-27Exp: 2018-02-27→ Common Stock (7,991 underlying)
Other
Employee Stock Option (Right to Buy)
2011-06-30−20,000→ 0 total
Exercise: $23.82From: 2010-02-25Exp: 2019-02-25→ Common Stock (20,000 underlying)
Other
Employee Stock Option (Right to Buy)
2011-06-30−11,300→ 0 total
Exercise: $29.17From: 2011-02-24Exp: 2020-02-24→ Common Stock (11,300 underlying)
Other
Marathon Oil Corporation Common Stock
2011-06-30+7,751→ 29,104.952 total
Other
Employee Stock Option (Right to Buy)
2011-06-30+23,329→ 23,329 total
Exercise: $14.92From: 2011-02-25Exp: 2019-02-25→ Common Stock (23,329 underlying)
Other
Employee Stock Option (Right to Buy)
2011-06-30−2,334→ 0 total
Exercise: $12.76From: 2004-05-28Exp: 2013-05-28→ Common Stock (2,334 underlying)
Other
Employee Stock Option (Right to Buy)
2011-06-30+13,135→ 13,135 total
Exercise: $23.69From: 2009-06-01Exp: 2016-06-01→ Common Stock (13,135 underlying)
Other
Employee Stock Option (Right to Buy)
2011-06-30−8,400→ 0 total
Exercise: $54.36From: 2009-02-27Exp: 2018-02-27→ Common Stock (8,400 underlying)
Other
Stock Appreciation Right
2011-06-30−7,200→ 0 total
Exercise: $16.80From: 2005-05-26Exp: 2014-05-26→ Common Stock (7,200 underlying)
Other
Employee Stock Option (Right to Buy)
2011-06-30+22,280→ 22,280 total
Exercise: $16.19From: 2008-06-10Exp: 2015-06-10→ Common Stock (22,280 underlying)
Other
Employee Stock Option (Right to Buy)
2011-06-30−13,800→ 0 total
Exercise: $37.82From: 2007-06-01Exp: 2016-06-01→ Common Stock (13,800 underlying)
Other
Employee Stock Option (Right to Buy)
2011-06-30+15,614→ 15,614 total
Exercise: $18.28From: 2011-02-24Exp: 2020-02-24→ Common Stock (15,614 underlying)
Other
Stock Appreciation Right
2011-06-30+6,855→ 6,855 total
Exercise: $10.53From: 2007-05-26Exp: 2014-05-26→ Common Stock (6,855 underlying)
Other
Employee Stock Option (Right to Buy)
2011-06-30+2,221→ 2,221 total
Exercise: $7.99From: 2006-05-28Exp: 2013-05-28→ Common Stock (2,221 underlying)
Other
Employee Stock Option (Right to Buy)
2011-06-30−23,400→ 0 total
Exercise: $25.84From: 2006-06-10Exp: 2015-06-10→ Common Stock (23,400 underlying)
Other
Employee Stock Option (Right to Buy)
2011-06-30−17,000→ 0 total
Exercise: $49.18From: 2012-02-23Exp: 2021-02-23→ Common Stock (17,000 underlying)

Footnotes (15)

[F1]In connection with the spin-off of Marathon Petroleum Corporation on June 30, 2011 by Marathon Oil Corporation ("MRO"), MRO restricted stock awards of MRO officers or employees, who continued as officers or employees of MRO immediately after the spin-off, were replaced with adjusted MRO restricted stock awards, each of which will generally preserve the value of the original award determined as of the distribution date.
[F10]Vests in cumulative annual installments of 13,333 and 6,667 shares on February 25, 2011 and 2012, respectively.
[F11]Vests in cumulative annual installments of 12,691 and 10,638 shares on February 25, 2011 and 2012, respectively.
[F12]Vests in three cumulative annual installments of 3,766, 3,767 and 3,767 on February 24, 2011, 2012, and 2013, respectively.
[F13]Vests in three cumulative annual installments of 3,586, 6,014 and 6,014 on February 23, 2012, 2013, and 2014, respectively.
[F14]Vests in three cumulative annual installments of 5,666, 5,667 and 5,667 shares on February 24, 2011, 2012, and 2013, respectively.
[F15]Vests in three cumulative annual installments of 9,029, 9,030 and 9,030 shares on February 24, 2011, 2012, and 2013, respectively.
[F2]In connection with the spin-off of Marathon Petroleum Corporation ("MPC") on June 30, 2011 by Marathon Oil Corporation ("MRO"), outstanding MRO stock options that are vested, whether held by a current or former officer or employee of MRO or MPC were adjusted, so that the holders hold stock options to purchase both MRO common stock and MPC common stock. The MRO and MPC stock options received, when combined, will generally preserve the instrinsic value of each original stock option grant and the ratio of the exercise price to the fair market value of MRO common stock on the distribution date.
[F3]Vested in cumulative installments on May 28, 2004, 2005 and 2006, respectively.
[F4]In connection with the spin-off of Marathon Petroleum Corporation ("MPC") on June 30, 2011 by Marathon Oil Corporation ("MRO"), outstandng MRO vested stock appreciation rights (SARs) were replaced with both adjusted MRO SARs and MPC SARs. Both SARs, when combined, will generally preserve the instrinsic value of the original SAR grant. They will also generally preserve the ratio of exercise price to the fair market value of MRO common stock on the distribution date.
[F5]Vested in cumulative installments on May 26, 2005, 2006 and 2007, respectively.
[F6]Vested in cumulative installments on June 10, 2006, 2007 and 2008, respectively.
[F7]Vested in cumulative installments on June 1, 2007, 2008 and 2009, respectively.
[F8]Vested in cumulative installments on February 27, 2009, 2010 and 2011, respectively.
[F9]In connection with the spin-off of Marathon Petroleum Corporation on June 30, 2011 by Marathon Oil Corporation ("MRO"), outstanding MRO stock options that are not vested and are held by MRO officers or employees, who continued as officers or employees of MRO immediately after the spin-off, were replaced with adjusted MRO stock options to purchase MRO common stock, which will generally preserve the intrinsic value of each original stock option grant and the ratio of the exercise price to the fair market value of MRO common stock on the distribution date.

Documents

2 files

Issuer

MARATHON OIL CORP

CIK 0000101778

→

Entity typeother

Related Parties

filerCIK 0001360051

Filing Metadata

Form type: 4
Filed: Jul 4, 8:00 PM ET
Accepted: Jul 5, 5:34 PM ET
Size: 45.8 KB

View on SEC.gov