SEC Form 4 · accession 0001127602-16-039428
MURPHY OIL CORP · MUR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter K Compton
Officer — Executive Vice President
Period of report
Feb 2, 2016
Accepted (ET)
Feb 4, 2016 · 10:44 am 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 | Feb 2, 2016 | M | 6,323 | $0.00 | A | 35,880 | D | |
| Common StockF4 | Feb 2, 2016 | F | 2,165 | $17.565 | D | 33,715 | D | |
| Common StockF5 | holding | — | — | — | 4,099 | I | Trustee Of 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF6,F7 | $17.565 | Feb 2, 2016 | A | 43,000 | A | — | Feb 2, 2023 | Common Stock | 43,000 | 43,000 | D |
| Performance Stock UnitF6,F8 | — | Feb 2, 2016 | A | 20,000 | A | — | — | Common Stock | 20,000 | 20,000 | D |
| Restricted Stock UnitF6,F8,F9 | — | Feb 2, 2016 | A | 10,000 | A | — | — | Common Stock | 10,000 | 73,731 | D |
| Restricted Stock UnitF10,F1,F2,F8 | — | Feb 2, 2016 | M | 12,731 | D | — | — | Common Stock | 12,731 | 61,000 | D |
| Phantom Stock UnitF13,F11,F12 | — | holding | — | — | — | — | — | Common Stock | 1,614 | 1,614 | D |
Explanation of responses
- F1Original award of 11,500 performance-based restricted stock units was adjusted by a ratio of 1.1070 on September 6, 2013 as a result of the spin-off of Murphy USA Inc.
- F10Performance-based restricted stock unit award granted under the 2012 Long-Term Incentive Plan.
- F11Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock.
- F12The 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.
- F13Includes 410 shares obtained under the Murphy Oil Corporation's excess benefit plan. The information in this report is based on a plan statement dated December 31, 2015.
- F2Represents 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 2012 Long-Term Incentive Plan, the total includes 45.775% of the original award, plus shares equivalent in value to accumulated dividends.
- F3Shares withheld for taxes on RSU vesting.
- F4Includes 146 shares obtained through the Company Employee Stock Purchase Plan. The information in this report is based on a plan statement dated December 31, 2015
- F5Includes 473 shares obtained through the Company Thrift Plan. The information in this report is based on a plan statement dated December 31, 2015.
- F6Award granted under the 2012 Long-Term Incentive Plan.
- F7The 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
- F8These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date
- F9Vest date is February 2, 2019.