SEC Form 4 · accession 0001127602-16-039485
MURPHY OIL CORP · MUR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger W. Jenkins
Officer — President & CEO
Period of report
Feb 2, 2016
Accepted (ET)
Feb 4, 2016 · 12:05 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 | Feb 2, 2016 | M | 30,347 | $0.00 | A | 125,235 | D | |
| Common Stock | Feb 2, 2016 | F | 14,825 | $17.565 | D | 110,410 | D | |
| Common StockF4 | holding | — | — | — | 1,027 | 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 OptionF5,F6 | $17.565 | Feb 2, 2016 | A | 220,000 | A | — | Feb 2, 2023 | Common Stock | 220,000 | 220,000 | D |
| Performance Stock UnitF5,F7 | — | Feb 2, 2016 | A | 101,000 | A | — | — | Common Stock | 101,000 | 101,000 | D |
| Restricted Stock UnitF5,F7,F8 | — | Feb 2, 2016 | A | 51,000 | A | — | — | Common Stock | 51,000 | 372,093 | D |
| Restricted Stock UnitF9,F1,F2,F7 | — | Feb 2, 2016 | M | 61,093 | D | — | — | Common Stock | 61,093 | 311,000 | D |
| Phantom Stock UnitF12,F10,F11 | — | holding | — | — | — | — | — | Common Stock | 1,757 | 1,757 | D |
Explanation of responses
- F1Original performance-based restricted stock unit awards totaling 55,188 were adjusted by a ratio of 1.1070 on September 6, 2013 as a result of the spin-off of Murphy USA Inc.
- F10Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock.
- F11The 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.
- F12Includes 682 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 81 shares obtained through the Company Thrift Plan. The information in this report is based on a plan statement dated December 31, 2015.
- F5Award granted under the 2012 Long-Term Incentive Plan.
- F6The 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.
- F7These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date
- F8Vest date is February 2, 2019.
- F9Performance-based restricted stock unit award granted under the 2012 Long-Term Incentive Plan.