JOHN B. GARDNER - 02 Jun 2021 Form 4 Insider Report for MURPHY OIL CORP (MUR)

Signature
/s/ E. Ted Botner, attorney-in-fact
Issuer symbol
MUR
Transactions as of
02 Jun 2021
Net transactions value
-$86,577
Form type
4
Filing time
03 Jun 2021, 18:55:26 UTC
Previous filing
12 May 2021
Next filing
02 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUR Common Stock Options Exercise $228,345 +13,000 $17.56 13,000 02 Jun 2021 Direct
transaction MUR Common Stock Tax liability $249,115 -10,326 -79% $24.12 2,674 02 Jun 2021 Direct F1
transaction MUR Common Stock Sale $65,807 -2,674 -100% $24.61 0 03 Jun 2021 Direct
holding MUR Common Stock 391 02 Jun 2021 Trustee of Company Thrift Plan F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MUR Stock Option Options Exercise $0 -13,000 -100% $0.000000* 0 02 Jun 2021 Common Stock 13,000 $17.56 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a "net exercise" of outstanding stock options. These shares were withheld by the Company for payment of the exercise price and applicable taxes, using the average high and low price on June 2, 2021 of $24.1250.
F2 Includes 2 shares obtained through the Company Thrift Plan. The information in this report is based on a plan statement dated June 2, 2021.
F3 Award granted under the 2012 Long-Term Incentive Plan.
F4 The option vests in two equal installments, the first half two years after the original grant date and the final half three years after the original grant date