SEC Form 4 · accession 0001127602-17-003483
MURPHY OIL CORP · MUR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John B Gardner
Officer — Vice President & Treasurer
Period of report
Jan 31, 2017
Accepted (ET)
Feb 2, 2017 · 12:27 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 | Jan 31, 2017 | M | 3,520 | $0.00 | A | 3,520 | D | |
| Common Stock | Jan 31, 2017 | F | 1,206 | $28.505 | D | 2,314 | D | |
| Common Stock | holding | — | — | — | 350 | 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 OptionF3,F4 | $28.505 | Jan 31, 2017 | A | 10,000 | A | — | Jan 31, 2024 | Common Stock | 10,000 | 10,000 | D |
| Performance Stock UnitF3,F5 | — | Jan 31, 2017 | A | 9,000 | A | — | — | Common Stock | 9,000 | 15,000 | D |
| Restricted Stock UnitF3,F5,F6 | — | Jan 31, 2017 | A | 4,000 | A | — | — | Common Stock | 4,000 | 22,000 | D |
| Restricted Stock UnitF3,F5,F7 | — | Jan 31, 2017 | A | 7,500 | A | — | — | Common Stock | 7,500 | 29,500 | D |
| Restricted Stock UnitF8,F1,F5 | — | Jan 31, 2017 | M | 4,000 | D | — | — | Common Stock | 4,000 | 25,500 | D |
Explanation of responses
- F1Represents 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 78.75% of the original award, plus shares equivalent in value to accumulated dividends.
- F2Shares withheld for taxes on RSU vesting.
- F3Award granted under the 2012 Long-Term Incentive Plan.
- F4The 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
- F5These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
- F6Vest date is January 31, 2020.
- F7Vest date is January 31, 2022.
- F8Performance-based restricted stock unit award granted under the 2012 Long-Term Incentive Plan.