MURPHY OIL CORP — Director's Dealing 2022

Mar 22, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MURPHY OIL CORP (MUR)
CIK: 0000717423
Period of Report: 2022-03-21

Reporting Person: GARDNER JOHN B (Vice President & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-21	Common Stock	M	10000	—	Acquired	24252	Direct
2022-03-21	Common Stock	F	8227	$40.285	Disposed	16025	Direct
2022-03-22	Common Stock	S	1773	$40.86	Disposed	14252	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-21	Stock Option	$28.505	M	10000	Disposed	2024-01-31	Common Stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	395	Indirect

Footnotes

F1: Represents a "net exercise" of outstanding stock options. These shares were withheld by the Company for payment of the exercise price and applicable taxes, using the average high and low price on March 21, 2022 of $40.2850.

F2: The sales reported in this Form 4 were made pursuant to a previously adopted trading plan on February 15, 2022, which is intended to comply with Rule 10b5-1.

F3: Award granted under the 2012 Long-Term Incentive Plan.

F4: The option vests in two equal installments, the first half two years after the original grant date and the final half three years after the original grant date