Paul D. Vaughan - 09 Nov 2022 Form 4 Insider Report for MURPHY OIL CORP (MUR)

Signature
/s/ E. Ted Botner, attorney-in-fact
Issuer symbol
MUR
Transactions as of
09 Nov 2022
Net transactions value
-$240,223
Form type
4
Filing time
14 Nov 2022, 16:43:03 UTC
Previous filing
07 Jul 2022
Next filing
17 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUR Common Stock Options Exercise $0 +5,000 +50% $0.000000 14,910 09 Nov 2022 Direct
transaction MUR Common Stock Tax liability $182,112 -3,746 -25% $48.62 11,164 09 Nov 2022 Direct F1
transaction MUR Common Stock Sale $58,112 -1,254 -11% $46.34 9,910 09 Nov 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 -5,000 -100% $0.000000* 0 09 Nov 2022 Common Stock 5,000 $28.50 Direct F2, F3
transaction MUR Restricted Stock Unit Award $0 +7,500 +104% $0.000000 14,700 11 Nov 2022 Common Stock 7,500 Direct F4, F5, F6
* 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 November 8, 2022 of $48.615.
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.
F4 Time-based Restricted Stock Unit award granted under the 2020 Long-Term Incentive Plan.
F5 These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
F6 Vest date is November 11, 2025.