Roger W. Jenkins - Feb 6, 2024 Form 4 Insider Report for MURPHY OIL CORP (MUR)

Role
Chief Executive Officer
Signature
/s/ E. Ted Botner, attorney-in-fact
Stock symbol
MUR
Transactions as of
Feb 6, 2024
Transactions value $
-$5,618,830
Form type
4
Date filed
2/7/2024, 08:14 PM
Previous filing
Feb 5, 2024
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUR Common Stock Options Exercise +375K +40.86% 1.29M Feb 6, 2024 Direct F1
transaction MUR Common Stock Tax liability -$5.62M -148K -11.41% $38.08 1.15M Feb 6, 2024 Direct F2
holding MUR Common Stock 2.9K Feb 6, 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 Performance Stock Unit Options Exercise $0 -375K -56.13% $0.00 293K Feb 6, 2024 Common Stock 375K Direct F1, F3, F4
transaction MUR Performance Stock Unit Award $0 +138K +47.05% $0.00 431K Feb 6, 2024 Common Stock 138K Direct F3, F4
transaction MUR Restricted Stock Unit Award $0 +46K +47.05% $0.00 144K Feb 6, 2024 Common Stock 46K 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 100% of the original award.
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.