Thomas J. Mireles - 06 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
06 Feb 2024
Transactions value $
-$1,732,755
Form type
4
Filing time
07 Feb 2024, 20:05:45
Previous filing
05 Feb 2024
Next filing
01 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUR Common Stock Options Exercise +116K +161.32% 187K 06 Feb 2024 Direct F1
transaction MUR Common Stock Tax liability -$1.73M -45.5K -24.29% $38.08 142K 06 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 Performance Stock Unit Options Exercise $0 -62K -40.22% $0.00 92.2K 06 Feb 2024 Common Stock 62K Direct F1, F3, F4
transaction MUR Performance Stock Unit Award $0 +54.2K +58.77% $0.00 146K 06 Feb 2024 Common Stock 54.2K Direct F3, F4
transaction MUR Restricted Stock Unit Award $0 +18.1K +58.85% $0.00 48.8K 06 Feb 2024 Common Stock 18.1K 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.