MURPHY OIL CORP — Director's Dealing 2020

Feb 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MURPHY OIL CORP (MUR)
CIK: 0000717423
Period of Report: 2020-02-04

Reporting Person: Jenkins Roger W. (President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-04	Common Stock	M	229229	—	Acquired	662242	Direct
2020-02-04	Common Stock	F	106019	$21.6825	Disposed	556223	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-04	Performance Stock Unit	$	M	151000	Disposed		Common Stock (151000)	Direct
2020-02-04	Performance Stock Unit	$	A	289000	Acquired		Common Stock (289000)	Direct
2020-02-04	Restricted Stock Unit	$	A	96000	Acquired		Common Stock (96000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1829	Indirect

Footnotes

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 2012 Long-Term Incentive Plan, the total includes 135.4% 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 2012 Long-Term Incentive Plan.

F4: These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.

F5: Performance-based restricted stock unit award granted under the 2018 Long-Term Incentive Plan.

F6: Time-based Restricted Stock Unit award granted under the 2018 Long-Term Incentive Plan.

F7: Vest date is February 4, 2023.