E. TED BOTNER - 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
Net transactions value
-$1,732,755
Form type
4
Filing time
07 Feb 2024, 20:12:21 UTC
Previous filing
05 Feb 2024
Next filing
04 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUR Common Stock Options Exercise +115,644 +120% 212,413 06 Feb 2024 Direct F1
transaction MUR Common Stock Tax liability $1,732,755 -45,506 -21% $38.08 166,907 06 Feb 2024 Direct F2
holding MUR Common Stock 10,000 06 Feb 2024 As custodian for child's UTMA account
holding MUR Common Stock 7,277 06 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 Performance Stock Unit Options Exercise $0 -62,000 -54% $0.000000 52,530 06 Feb 2024 Common Stock 62,000 Direct F1, F3, F4
transaction MUR Performance Stock Unit Award $0 +29,550 +56% $0.000000 82,080 06 Feb 2024 Common Stock 29,550 Direct F3, F4
transaction MUR Restricted Stock Unit Award $0 +9,850 +42% $0.000000 33,370 06 Feb 2024 Common Stock 9,850 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.