Louis W. Utsch - 02 Feb 2024 Form 4 Insider Report for MURPHY OIL CORP (MUR)

Signature
/s/ E. Ted Botner, attorney-in-fact
Issuer symbol
MUR
Transactions as of
02 Feb 2024
Net transactions value
-$128,044
Form type
4
Filing time
05 Feb 2024, 19:32:08 UTC
Previous filing
16 Feb 2023
Next filing
07 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUR Common Stock Options Exercise +8,049 +85% 17,553 02 Feb 2024 Direct F1
transaction MUR Common Stock Tax liability $128,044 -3,355 -19% $38.16 14,198 02 Feb 2024 Direct 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 Restricted Stock Unit Options Exercise $0 -7,500 -51% $0.000000 7,200 02 Feb 2024 Common Stock 7,500 Direct F1, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units (RSUs) that have vested and settled in shares of the Company's stock on a one-for-one basis. Pursuant to the terms of the time-based grant awarded under the 2020 Long-Term Incentive Plan, the total includes 100% of the original award, plus shares equivalent in value to accumulated dividends.
F2 Shares withheld for taxes on RSU vesting.
F3 Time-based restricted stock unit award granted under the 2020 Long-Term Incentive Plan.
F4 These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
F5 Vest date is February 2, 2024.