Roger W. Jenkins - Feb 4, 2022 Form 4 Insider Report for MURPHY OIL CORP (MUR)

Role
President & CEO
Signature
/s/ E. Ted Botner, attorney-in-fact
Stock symbol
MUR
Transactions as of
Feb 4, 2022
Transactions value $
-$8,395,944
Form type
4
Date filed
2/8/2022, 04:38 PM
Previous filing
Feb 2, 2022
Next filing
May 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUR Common Stock Options Exercise $0 +105K +11.3% $0.00 1.03M Feb 4, 2022 Direct F1
transaction MUR Common Stock Tax liability -$1.42M -41.3K -4% $34.35 993K Feb 4, 2022 Direct F2
transaction MUR Common Stock Options Exercise $0 +220K +22.15% $0.00 1.21M Feb 7, 2022 Direct
transaction MUR Common Stock Tax liability -$5.32M -155K -15.59% $34.35 838K Feb 7, 2022 Direct F4
transaction MUR Common Stock Sale -$1.66M -50K -4.72% $33.19 1.01M Feb 7, 2022 Direct
holding MUR Common Stock 2.53K Feb 4, 2022 Trustee Of Company Thrift Plan

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 Restricted Stock Unit Options Exercise $0 -94K -25.17% $0.00 279K Feb 4, 2022 Common Stock 94K Direct F1, F3, F6
transaction MUR Stock Option Options Exercise $0 -220K -100% $0.00* 0 Feb 7, 2022 Common Stock 220K $17.57 Direct F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units (RSUs) that have vested and settled in shares of the Company's stock on a one-for-one basis. Pursuant to the terms of the time-based grant awarded under the 2018 Long-Term Incentive Plan, the total includes 100% of the original award, plus shares equivalent in value to accumulated dividends.
F2 Shares withheld for taxes on RSU vesting.
F3 These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
F4 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 of February 4, 2022 of $34.3475.
F5 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.
F6 Time-based restricted stock unit award granted under the 2018 Long-Term Incentive Plan.
F7 Award granted under the 2012 Long-Term Incentive Plan.