MURPHY OIL CORP — Director's Dealing 2020

Jun 2, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MURPHY OIL CORP (MUR)
CIK: 0000717423
Period of Report: 2020-05-31

Reporting Person: COMPTON WALTER K (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-31	Common Stock	M	13746	—	Acquired	144201	Direct
2020-05-31	Common Stock	F	6358	$12.015	Disposed	137843	Direct
2020-05-31	Common Stock	M	9498	—	Acquired	147341	Direct
2020-05-31	Common Stock	F	4394	$12.015	Disposed	142947	Direct
2020-05-31	Common Stock	M	13746	—	Acquired	156693	Direct
2020-05-31	Common Stock	F	1105	$12.015	Disposed	155588	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-31	Restricted Stock Unit	$	M	16000	Disposed		Common Stock (16000)	Direct
2020-05-31	Restricted Stock Unit	$	M	20000	Disposed		Common Stock (20000)	Direct
2020-05-31	Restricted Stock Unit	$	M	21000	Disposed		Common Stock (21000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7221	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock Unit	$		Common Stock (4509)	4509	Direct

Footnotes

F1: Represents 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 2012 Long-Term Incentive Plan, the total includes 100% of the original award, plus shares equivalent in value to accumulated dividends.

F2: Shares withheld for taxes on RSU vesting.

F3: These shares were withheld by the Company for payment of applicable taxes, using the average high and low price of MUR common stock on May 29, 2020 (the business day prior to the vesting date, which fell on a weekend) of $12.015.

F4: Represents time-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 time-based grant awarded under the 2018 Long-Term Incentive Plan, the total includes 100% of the original award, plus shares equivalent in value to accumulated dividends.

F5: Includes 504 shares obtained through the Company Thrift Plan. The information in this report is based on a plan statement dated May 31, 2020.

F6: Award granted under the 2012 Long-Term Incentive Plan.

F7: These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.

F8: A total of 33,334 Time-Based Restricted Stock Units were forfeited on May 31, 2020, due to the reporting person's retirement from the Company.

F9: Time-based Restricted Stock Unit award granted under the 2018 Long-Term Incentive Plan.

F10: Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock.

F11: The reported phantom stock units were acquired under Murphy Oil Corporation's excess benefit plan and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock units into an alternative investment account at any time prior to settlement.

F12: Includes 446 shares obtained under Murphy Oil Corporation's excess benefit plan. The information in this report is based on a plan statement dated May 31, 2020.