JOHN B. GARDNER - 04 Feb 2022 Form 4 Insider Report for MURPHY OIL CORP (MUR)

Role: Vice President & Treasurer
Signature: /s/ E. Ted Botner, attorney-in-fact
Issuer symbol: MUR
Transactions as of: 04 Feb 2022
Net transactions value: -$105,687
Form type: 4
Filing time: 08 Feb 2022, 16:49:54 UTC
Previous filing: 02 Feb 2022
Next filing: 14 Feb 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	+7,820	+46%	$0.000000	24,829	04 Feb 2022	Direct	F1
transaction	MUR	Common Stock	Tax liability	$105,687	-3,077	-12%	$34.35	21,752	04 Feb 2022	Direct	F2
holding	MUR	Common Stock						395	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	-7,000	-17%	$0.000000	33,200	04 Feb 2022	Common Stock	7,000		Direct	F1, F3, F4

* 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	Time-based restricted stock unit award granted under the 2018 Long-Term Incentive Plan.
F4	These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.