Eric M. Hambly - Feb 6, 2024 Form 4 Insider Report for MURPHY OIL CORP (MUR)

Role
President & COO
Signature
/s/ E. Ted Botner, attorney-in-fact
Stock symbol
MUR
Transactions as of
Feb 6, 2024
Transactions value $
-$3,624,826
Form type
4
Date filed
2/7/2024, 08:13 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 +242K +147.14% 406K Feb 6, 2024 Direct F1
transaction MUR Common Stock Tax liability -$3.62M -95.2K -23.43% $38.08 311K Feb 6, 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 Performance Stock Unit Options Exercise $0 -130K -56.23% $0.00 101K Feb 6, 2024 Common Stock 130K Direct F1, F3, F4
transaction MUR Performance Stock Unit Award $0 +59.1K +58.53% $0.00 160K Feb 6, 2024 Common Stock 59.1K Direct F3, F4
transaction MUR Restricted Stock Unit Award $0 +19.7K +58.47% $0.00 53.4K Feb 6, 2024 Common Stock 19.7K 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.