JOHN B. GARDNER - 21 Mar 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
21 Mar 2022
Net transactions value
-$403,869
Form type
4
Filing time
22 Mar 2022, 17:01:16 UTC
Previous filing
28 Feb 2022
Next filing
06 Sep 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 +70% $0.000000 24,252 21 Mar 2022 Direct
transaction MUR Common Stock Tax liability $331,425 -8,227 -34% $40.28 16,025 21 Mar 2022 Direct F1
transaction MUR Common Stock Sale $72,445 -1,773 -11% $40.86 14,252 22 Mar 2022 Direct F2
holding MUR Common Stock 395 21 Mar 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 Stock Option Options Exercise $0 -10,000 -100% $0.000000* 0 21 Mar 2022 Common Stock 10,000 $28.50 Direct F3, F4
* 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 March 21, 2022 of $40.2850.
F2 The sales reported in this Form 4 were made pursuant to a previously adopted trading plan on February 15, 2022, which is intended to comply with Rule 10b5-1.
F3 Award granted under the 2012 Long-Term Incentive Plan.
F4 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