UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
FORM 3
OMB APROVAL
OMB NUMBER: 3235-0104
Expires: September 30, 1998
Estimated average burden
hours per response........0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
17(a) of the Public Utility Holding Company Act of 1935
or Section 30(f) of the Investment Company Act of 1940
(Print or Type Responses)
1. Name and Address of Reporting Person*
Exxon Corporation
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(Last) (First) (Middle)
5959 Las Colinas Boulevard
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(Street)
Irving Texas 75039-2298
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(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
12/1/98
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Mobil Corporation MOB
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5. Relationship of Reporting Person to Issuer (Check all applicable)
Director X 10% Owner
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Officer (give title below) Other (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
<TABLE>
<CAPTION>
1. Title of Security 2. Amount of Securities 3. Ownership 4. Nature of Indirect
(Instr. 4) Beneficially Owned Form: Direct Beneficial Ownership
(Instr. 4) (D) or Indirect (Instr. 5)
(I)(Instr. 5)
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<C> <C> <C> <C>
</TABLE>
(Over)
SEC 1473 (7-96)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
1. Title of Derivative 2. Date Exercisable 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature
Security (Instr. 4) and Expiration Securities Underlying sion or ship of In-
Date (Month/Day/Year) Derivative Securities Exercise Form of direct
------------------------- (Instr. 4) Price of Deriv- Bene-
Date Expira- ------------------------- Derivative ative ficial
Exer- tion Title Amount Security Security: Owner-
cisable Date or Direct ship
Number (D) or (Instr.
of Indirect 5)
Shares (I)
(Instr.
5)
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<S> <C> <C> <C> <C> <C> <C> <C>
No Securities Owned*
</TABLE>
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* Explanation of Responses: In connection with the Agreement and Plan of Merger
dated as of December 1, 1998 among Exxon Corporation ("Exxon"), Lion
Acquisition Subsidiary Corporation and Mobil Corporation ("Mobil"), Exxon and
Mobil entered into a Stock Option Agreement pursuant to which Mobil granted
Exxon an option (the "Option") to purchase up to 136,500,000 shares of common
stock, par value $1.00 per share, of Mobil (the "Option Shares"), for a
purchase price of $95.96 per share (the "Purchase Price") (with the purchase
price per share as to 1,000 Option Shares being adjustable under certain
circumstances). Prior to the exercise of the Option, Exxon is not entitled to
any rights as a shareholder of Mobil as to the Option Shares. The number of
Option Shares and the Purchase Price are subject to adjustment in certain
circumstances, provided that the aggregate number of shares purchasable by
Exxon upon exercise of the Option at the time of its exercise (together with
prior purchases under the Option) may not exceed 14.9% of the total
outstanding shares of common stock of Mobil immediately prior to the time of
such exercise (treating as outstanding for this purpose the shares of common
stock subject to the Option). The Option may only be exercised upon the
happening of certain events, none of which has occurred as of the date hereof.
Prior to such occurrence, Exxon expressly disclaims beneficial ownership of
the Option Shares.
/s/ Donald D. Humphreys 12/11/98
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Nmae: Donald D. Humphreys Date
Vice President, Controller
and Principal Accounting
Officer
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
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SEC 1473 (7-96)
