MURPHY OIL CORP — Director's Dealing 2023

Feb 2, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MURPHY OIL CORP (MUR)
CIK: 0000717423
Period of Report: 2023-01-31

Reporting Person: Utsch Louis W (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-31	Common Stock	M	11676	—	Acquired	21180	Direct
2023-01-31	Common Stock	F	4748	$43.2681	Disposed	16432	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-31	Performance Stock Unit	$	A	5550	Acquired		Common Stock (5550)	Direct
2023-01-31	Restricted Stock Unit	$	A	3700	Acquired		Common Stock (3700)	Direct
2023-01-31	Performance Stock Unit	$	M	14400	Disposed		Common Stock (14400)	Direct

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 2018 Long-Term Incentive Plan, the total includes 59% 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 2020 Long-Term Incentive Plan.

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

F5: Time-based restricted stock unit award granted under the 2020 Long-Term Incentive Plan.

F6: Vest date is January 31, 2026.

F7: Performance-based restricted stock unit award granted under the 2018 Long-Term Incentive Plan.