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MURPHY OIL CORP Director's Dealing 2022

Feb 8, 2022

31152_dirs_2022-02-08_23257a42-e1c1-488d-ab3b-827a5a51fde9.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MURPHY OIL CORP (MUR)
CIK: 0000717423
Period of Report: 2022-02-04

Reporting Person: Hulse Christopher D (Vice President & Controller)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-02-04 Common Stock M 7820 Acquired 29827 Direct
2022-02-04 Common Stock F 3077 $34.3475 Disposed 26750 Direct
2022-02-04 Common Stock M 4000 Acquired 30750 Direct
2022-02-04 Common Stock F 3486 $34.3475 Disposed 23264 Direct
2022-02-07 Common Stock M 4000 Acquired 31264 Direct
2022-02-07 Common Stock F 3646 $33.515 Disposed 19618 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-02-04 Restricted Stock Unit $ M 7000 Disposed Common Stock (7000) Direct
2022-02-04 Stock Option $28.505 M 4000 Disposed 2024-01-31 Common Stock (4000) Direct
2022-02-07 Stock Option $28.62 M 4000 Disposed 2024-04-05 Common Stock (4000) 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 2018 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: 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 February 4, 2022 of $34.3475.

F4: 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 February 7, 2022 of $33.5150.

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

F6: These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.

F7: Award granted under the 2012 Long-Term Incentive Plan.

F8: 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.