MURPHY OIL CORP — Director's Dealing 2020

Feb 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MURPHY OIL CORP (MUR)
CIK: 0000717423
Period of Report: 2020-01-31

Reporting Person: SUGG LAURA A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-31	Common Stock	M	7775	—	Acquired	21002	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-31	Restricted Stock Unit	$	M	6935	Disposed		Common Stock (6935)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (1744)	1744	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 time-based grant awarded under the 2013 Stock Plan for Non-Employee Directors, the total includes 100% of the original award, plus shares equivalent in value to accumulated dividends.

F2: Restricted Stock Unit Award granted under the 2013 Stock Plan for Non-Employee Directors.

F3: These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.

F4: Each share of phantom stock is the economic equivalent of one (1) share of Murphy Oil Corporation common stock.

F5: The reported shares of phantom stock were acquired under Murphy Oil Corporation's Non-Qualified Deferred Compensation Plan for Non-Employee Directors and become payable, in cash, consistent with the Reporting Person's distribution election made at the time of deferral.

F6: Includes 73 shares obtained under Murphy Oil Corporation's Non-Qualified Deferred Compensation Plan for Non-Employee Directors. The information in this report is based on a plan statement dated December 31, 2019.