Maria A. Martinez - 11 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
11 Feb 2022
Net transactions value
-$574,183
Form type
4
Filing time
14 Feb 2022, 15:52:00 UTC
Previous filing
08 Feb 2022
Next filing
13 Jun 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 +48% $0.000000 31,045 11 Feb 2022 Direct
transaction MUR Common Stock Tax liability $238,842 -7,105 -23% $33.62 23,940 11 Feb 2022 Direct F1
transaction MUR Common Stock Sale $335,341 -10,000 -42% $33.53 13,940 14 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 11 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 on February 11, 2022 of $33.6160.
F2 Award granted under the 2012 Long-Term Incentive Plan.
F3 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.