Kelly L. Whitley - 09 Feb 2022 Form 4 Insider Report for MURPHY OIL CORP (MUR)

Role: Vice President
Signature: /s/ E. Ted Botner, attorney-in-fact
Issuer symbol: MUR
Transactions as of: 09 Feb 2022
Net transactions value: -$323,585
Form type: 4
Filing time: 10 Feb 2022, 20:01:48 UTC
Previous filing: 08 Feb 2022
Next filing: 14 Nov 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	+10,000	+31%	$0.000000	42,786	09 Feb 2022	Direct
transaction	MUR	Common Stock	Tax liability	$232,862	-7,255	-17%	$32.10	35,531	09 Feb 2022	Direct	F1
transaction	MUR	Common Stock	Sale	$90,722	-2,745	-7.7%	$33.05	32,786	10 Feb 2022	Direct

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	-10,000	-100%	$0.000000^*	0	09 Feb 2022	Common Stock	10,000	$17.56	Direct	F2, F3

* 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 of February 9, 2022, of $32.0968.
F2	Award granted under the 2012 Long-Term Incentive Plan.
F3	The option vests in two equal installments, the first half two years after original grant date and the final half three years after original grant date.