Roger W. Jenkins - May 31, 2022 Form 4 Insider Report for MURPHY OIL CORP (MUR)

Role
President & CEO
Signature
/s/ E. Ted Botner, attorney-in-fact
Stock symbol
MUR
Transactions as of
May 31, 2022
Transactions value $
-$15,134,914
Form type
4
Date filed
5/31/2022, 05:33 PM
Previous filing
Feb 8, 2022
Next filing
Nov 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUR Common Stock Options Exercise $0 +161K +15.97% $0.00 1.17M May 31, 2022 Direct
transaction MUR Common Stock Tax liability -$5.45M -130K -11.08% $42.03 1.04M May 31, 2022 Direct F1
transaction MUR Common Stock Sale -$9.69M -225K -21.64% $43.06 815K May 31, 2022 Direct
holding MUR Common Stock 2.6K May 31, 2022 Trustee Of Company Thrift Plan F2

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 -161K -100% $0.00* 0 May 31, 2022 Common Stock 161K $28.51 Direct F3, F4
holding MUR Phantom Stock Unit 8.39K May 31, 2022 Common Stock 8.39K Direct F5, F6, F7
* 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 May 27, 2022 of $42.025.
F2 Includes 63 shares obtained through the Company Thrift Plan. The information in this report is based on a plan statement dated May 31, 2022.
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.
F5 Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock.
F6 The reported phantom stock units were acquired under Murphy Oil Corporation's excess benefit plan and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock units into an alternative investment account at any time prior to settlement.
F7 Includes 205 shares obtained under the Murphy Oil Corporation's excess benefit plan. The information in this report is based on a plan statement dated May 31, 2022.