Maria A. Martinez - 10 Jun 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: 10 Jun 2022
Net transactions value: -$174,087
Form type: 4
Filing time: 13 Jun 2022, 16:31:38 UTC
Previous filing: 14 Feb 2022
Next filing: 14 Nov 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	+5,000	+36%	$0.000000	18,940	10 Jun 2022	Direct
transaction	MUR	Common Stock	Tax liability	$174,087	-3,909	-21%	$44.54	15,031	10 Jun 2022	Direct	F1

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	-5,000	-100%	$0.000000^*	0	10 Jun 2022	Common Stock	5,000	$28.50	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 June 9, 2022 of $44.5350.
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.