Leyster L. Jumawan - 02 Feb 2024 Form 4 Insider Report for MURPHY OIL CORP (MUR)

Role
Vice President & Treasurer
Signature
/s/ E. Ted Botner, attorney-in-fact
Issuer symbol
MUR
Transactions as of
02 Feb 2024
Net transactions value
-$315,357
Form type
4
Filing time
05 Feb 2024, 19:34:46 UTC
Previous filing
31 Jan 2024
Next filing
07 Feb 2024
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 +8,263 +925% 9,156 02 Feb 2024 Direct F1
transaction MUR Common Stock Disposed to Issuer $315,357 -8,263 -90% $38.16 893 02 Feb 2024 Direct
holding MUR Common Stock 44,673 02 Feb 2024 Trustee of Company Thrift Plan

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 -7,700 -21% 28,440 02 Feb 2024 Common Stock 7,700 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") has the economic equivalent of one share of Murphy Oil Corporation ("MUR") common stock. Pursuant to the terms of the time-based RSU grant awarded under the 2020 Long-Term Incentive Plan, the total includes 100% of the original award, plus accumulated dividend equivalent units. The RSUs vested and were settled in cash based on the average high and low price of MUR common stock on February 2, 2024.
F2 Time-based restricted stock unit award granted under the 2020 Long-Term Incentive Plan.
F3 Vest date is February 2, 2024.