Leyster L. Jumawan - Jan 31, 2024 Form 4 Insider Report for MURPHY OIL CORP (MUR)

Signature
/s/ E. Ted Botner, attorney-in-fact
Stock symbol
MUR
Transactions as of
Jan 31, 2024
Transactions value $
-$15,103
Form type
4
Date filed
1/31/2024, 06:32 PM
Previous filing
Feb 7, 2023
Next filing
Feb 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUR Common Stock Options Exercise $39.9K +1.4K +156.77% $28.51 2.29K Jan 31, 2024 Direct F2
transaction MUR Common Stock Disposed to Issuer -$55K -1.4K -61.06% $39.29 893 Jan 31, 2024 Direct F2
holding MUR Common Stock 44.7K Jan 31, 2024 Trustee of Company Thrift Plan 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 Appreciation Right Options Exercise $0 -1.4K -100% $0.00* 0 Jan 31, 2024 Common Stock 1.4K $28.51 Direct F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,128 shares obtained through the Company Thrift Plan. The information in this report is based on a plan statement dated December 31, 2023.
F2 The settlement of cash-based Stock Appreciation Rights ("SARs") is treated as the simultaneous purchase of the number of shares of common stock the SARs represent and the sale of the same number of shares of common stock. The SARs settled in cash based on the average high and low price of MUR common stock on January 31, 2024. The reporting person did not receive any common shares.
F3 Award granted under the 2012 Long-Term Incentive Plan.
F4 The SARs vested 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 The SARs were only payable in cash and the reporting person did not receive any common shares.