Roger W. Jenkins - 04 Feb 2022 Form 4 Insider Report for MURPHY OIL CORP (MUR)

Role
President & CEO
Signature
/s/ E. Ted Botner, attorney-in-fact
Issuer symbol
MUR
Transactions as of
04 Feb 2022
Net transactions value
-$8,395,944
Form type
4
Filing time
08 Feb 2022, 16:38:21 UTC
Previous filing
02 Feb 2022
Next filing
31 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUR Common Stock Options Exercise $0 +105,023 +11% $0.000000 1,034,382 04 Feb 2022 Direct F1
transaction MUR Common Stock Tax liability $1,419,479 -41,327 -4% $34.35 993,055 04 Feb 2022 Direct F2
transaction MUR Common Stock Options Exercise $0 +220,000 +22% $0.000000 1,213,055 07 Feb 2022 Direct
transaction MUR Common Stock Tax liability $5,317,165 -154,805 -16% $34.35 838,250 07 Feb 2022 Direct F4
transaction MUR Common Stock Sale $1,659,300 -50,000 -4.7% $33.19 1,008,250 07 Feb 2022 Direct
holding MUR Common Stock 2,534 04 Feb 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 -94,000 -25% $0.000000 279,400 04 Feb 2022 Common Stock 94,000 Direct F1, F3, F6
transaction MUR Stock Option Options Exercise $0 -220,000 -100% $0.000000* 0 07 Feb 2022 Common Stock 220,000 $17.56 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.