John B. Gardner - Mar 21, 2022 Form 4 Insider Report for MURPHY OIL CORP (MUR)

Role
Vice President & Treasurer
Signature
/s/ E. Ted Botner, attorney-in-fact
Stock symbol
MUR
Transactions as of
Mar 21, 2022
Transactions value $
-$403,869
Form type
4
Date filed
3/22/2022, 05:01 PM
Previous filing
Feb 28, 2022
Next filing
Sep 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUR Common Stock Options Exercise $0 +10K +70.17% $0.00 24.3K Mar 21, 2022 Direct
transaction MUR Common Stock Tax liability -$331K -8.23K -33.92% $40.29 16K Mar 21, 2022 Direct F1
transaction MUR Common Stock Sale -$72.4K -1.77K -11.06% $40.86 14.3K Mar 22, 2022 Direct F2
holding MUR Common Stock 395 Mar 21, 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 -10K -100% $0.00* 0 Mar 21, 2022 Common Stock 10K $28.51 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