Meenambigai Palanivelu - Feb 6, 2024 Form 4 Insider Report for MURPHY OIL CORP (MUR)

Role
Vice President
Signature
/s/ E. Ted Botner, attorney-in-fact
Stock symbol
MUR
Transactions as of
Feb 6, 2024
Transactions value $
-$195,109
Form type
4
Date filed
2/7/2024, 08:08 PM
Previous 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 +12.9K +53.36% 37K Feb 6, 2024 Direct F1
transaction MUR Common Stock Tax liability -$195K -5.12K -13.85% $38.08 31.9K Feb 6, 2024 Direct F2
holding MUR Common Stock 3.19K Feb 6, 2024 By Spouse

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 Performance Stock Unit Options Exercise $0 -6.9K -45.22% $0.00 8.36K Feb 6, 2024 Common Stock 6.9K Direct F1, F3, F4
transaction MUR Performance Stock Unit Award $0 +5.51K +65.91% $0.00 13.9K Feb 6, 2024 Common Stock 5.51K Direct F3, F4
transaction MUR Restricted Stock Unit Award $0 +3.68K +22.08% $0.00 20.4K Feb 6, 2024 Common Stock 3.68K 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 performance-based 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 performance-based grant awarded under the 2020 Long-Term Incentive Plan, the total includes 173.8% of the original award, plus shares equivalent in value to accumulated dividends.
F2 Shares withheld for taxes on RSU vesting.
F3 Performance-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 Time-based restricted stock unit award granted under the 2020 Long-Term Incentive Plan.
F6 Vest date is February 6, 2027.