SEC Form 4 · accession 0001127602-15-004085
MURPHY OIL CORP · MUR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven A Cosse
Director
Period of report
Jan 30, 2015
Accepted (ET)
Feb 3, 2015 · 5:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000717423
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 30, 2015 | M | 625 | $0.00 | A | 84,422 | D | |
| Common StockF3 | holding | — | — | — | 12,460 | I | Held in Company Thrift Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF4,F1,F2,F6,F5 | — | Jan 30, 2015 | M | 562 | D | — | — | Common Stock | 562 | 3,654 | D |
| Phantom Stock UnitF3,F7,F8 | — | holding | — | — | — | — | — | Common Stock | 2,012 | 2,012 | D |
Explanation of responses
- F1Original award of 508 time-based restricted stock units were adjusted by a ratio of 1.1070 on September 6, 2013 as a result of the spin-off of Murphy USA Inc.
- F2Represents 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 2008 Stock Plan for Non-Employee Directors, the total includes 100% of the original award, plus shares equivalent in value to accumulated dividends.
- F3Shares obtained through the Company Thrift Plan. The information in this report is based on a plan statement dated as of December 31, 2014.
- F4Restricted Stock Unit Award granted under the 2008 Stock Plan for Non-Employee Directors.
- F5These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date
- F63,152 time-based restricted stock units awarded February 1, 2012, under the 2008 Stock Plan for Non-Employee Directors were forfeited on June 20, 2012, when the reporting person was rehired by the Company as President and CEO.
- F7Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock.
- F8The reported phantom stock units were acquired under Murphy Oil Corporation's excess benefit plan and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock units into an alternative investment account at any time prior to settlement.