SEC Form 4 · accession 0001127602-16-069277
MURPHY OIL CORP · MUR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John W Eckart
Officer — Executive Vice President & CFO
Period of report
Dec 2, 2016
Accepted (ET)
Dec 6, 2016 · 4:27 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 | Dec 2, 2016 | M | 14,000 | — | A | 58,853 | D | |
| Common StockF2 | Dec 2, 2016 | D | 14,000 | $32.835 | D | 44,853 | D | |
| Common StockF3 | holding | — | — | — | 10,280 | I | Trustee, 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitF4,F1 | — | Dec 2, 2016 | M | 14,000 | D | — | — | Common Stock | 14,000 | 0 | D |
| Phantom Stock UnitF7,F5,F6 | — | holding | — | — | — | — | — | Common Stock | 1,879 | 1,879 | D |
Explanation of responses
- F1Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock. On December 2, 2016, 14,000 of the reporting person's phantom stock units were settled for cash.
- F2The phantom stock units were paid in cash based on the average high/low MUR price on December 2, 2016.
- F3Includes 773 shares obtained through the Company Thrift Plan. The information in this report is based on a plan statement dated December 2, 2016.
- F4Time-lapse award received on 12/3/2013; payable in cash on 12/2/2016 or forfeited if not with the Company at that time.
- F5Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock.
- F6The 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.
- F7Includes 349 shares obtained under the Murphy Oil Corporation's excess benefit plan. The information in this report is based on a plan statement dated December 2, 2016.