8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

Current Report

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) April 25, 2012

 

 

Marathon Petroleum Corporation

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-35054   27-1284632

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification Number)

539 South Main Street

Findlay, Ohio

  45840-3229
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code:

(419) 422-2121

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 5.07 Submission of Matters to a Vote of Security Holders.

The Annual Meeting of Shareholders of Marathon Petroleum Corporation (the “Corporation”) was held on April 25, 2012. The following are the voting results on proposals considered and voted upon at the meeting.

 

  1. ELECTION OF CLASS 1 DIRECTORS

The shareholders elected David A. Daberko, Donna A. James, Charles R. Lee and Seth E. Schofield as Class I directors, to serve terms expiring in 2015, by the following votes:

 

NOMINEE

   VOTES FOR      WITHHELD      BROKER
NON-VOTES
 

David A. Daberko

     255,259,007         8,752,675         30,969,260   

Donna A. James

     253,221,192         10,790,490         30,969,260   

Charles R. Lee

     236,279,018         27,732,664         30,969,260   

Seth E. Schofield

     236,195,191         27,816,491         30,969,260   

 

  2. RATIFICATION OF INDEPENDENT AUDITOR FOR 2012

The shareholders ratified the appointment of PricewaterhouseCoopers LLP as the Corporation’s independent auditor for the year ending December 31, 2012 by the following votes:

 

VOTES FOR

   VOTES AGAINST      ABSTENTIONS      BROKER NON-VOTES  

293,728,112

     797,147         455,683         0   

 

  3. APPROVAL OF 2012 INCENTIVE COMPENSATION PLAN

The shareholders approved the Corporation’s 2012 Incentive Compensation Plan by the following votes:

 

VOTES FOR

   VOTES AGAINST      ABSTENTIONS      BROKER NON-VOTES  

239,976,783

     22,952,177         1,082,722         30,969,260   

 

  4. ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION

The shareholders approved, on an advisory basis, the compensation of the Corporation’s named executive officers by the following votes:

 

VOTES FOR

   VOTES AGAINST      ABSTENTIONS      BROKER NON-VOTES  

244,879,509

     17,466,629         1,665,544         30,969,260   

 

  5. ADVISORY VOTE ON FREQUENCY OF ADVISORY VOTES TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION

The shareholders approved, on an advisory basis, the holding of an advisory vote on the compensation of the Corporation’s named executive officers every one year by the following votes:

 

VOTES FOR EVERY

ONE YEAR

   VOTES FOR EVERY
TWO YEARS
     VOTES FOR EVERY
THREE YEARS
     ABSTENTIONS      BROKER NON-VOTES  

229,189,063

     5,053,480         28,440,672         1,328,467         30,969,260   


Item 9.01 Financial Statements and Exhibits.

 

  (d) Exhibits.

The following exhibits are filed with this report:

 

Exhibit No.

  

Exhibit Description

10(a)    The Marathon Petroleum Corporation 2012 Incentive Compensation Plan filed as Exhibit 4.3 to the Corporation’s Registration Statement on Form S-8 filed with the Securities and Exchange Commission on April 27, 2012, Registration No. 333-181007, and incorporated herein by reference.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    Marathon Petroleum Corporation

Date: April 30, 2012

    By:  

/s/ J. Michael Wilder

      Name:   J. Michael Wilder
      Title:     Vice President, General Counsel and Secretary