Thomas J. Mireles - Nov 15, 2022 Form 4 Insider Report for MURPHY OIL CORP (MUR)

Role
Executive Vice President & CFO
Signature
/s/ E. Ted Botner, attorney-in-fact
Stock symbol
MUR
Transactions as of
Nov 15, 2022
Transactions value $
-$1,179,904
Form type
4
Date filed
11/16/2022, 03:23 PM
Previous filing
Aug 22, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUR Common Stock Options Exercise $0 +12K +23.18% $0.00 63.8K Nov 15, 2022 Direct
transaction MUR Common Stock Tax liability -$444K -8.86K -13.9% $50.10 54.9K Nov 15, 2022 Direct F1
transaction MUR Common Stock Sale -$736K -15K -27.33% $49.06 39.9K Nov 15, 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 -12K -100% $0.00* 0 Nov 15, 2022 Common Stock 12K $28.51 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 November 14, 2022 of $50.0975.
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.