Maria A. Martinez - Feb 11, 2022 Form 4 Insider Report for MURPHY OIL CORP (MUR)

Role
Vice President
Signature
/s/ E. Ted Botner, attorney-in-fact
Stock symbol
MUR
Transactions as of
Feb 11, 2022
Transactions value $
-$574,183
Form type
4
Date filed
2/14/2022, 03:52 PM
Previous filing
Feb 8, 2022
Next filing
Jun 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUR Common Stock Options Exercise $0 +10K +47.52% $0.00 31K Feb 11, 2022 Direct
transaction MUR Common Stock Tax liability -$239K -7.11K -22.89% $33.62 23.9K Feb 11, 2022 Direct F1
transaction MUR Common Stock Sale -$335K -10K -41.77% $33.53 13.9K Feb 14, 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 -10K -100% $0.00* 0 Feb 11, 2022 Common Stock 10K $17.57 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.