SEC Form 4 · accession 0001127602-17-004271
MURPHY OIL CORP · MUR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
K. Todd Montgomery
Officer — Senior Vice President
Period of report
Feb 3, 2017
Accepted (ET)
Feb 7, 2017 · 12:53 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 | Feb 3, 2017 | M | 3,352 | $0.00 | A | 7,827 | D | |
| Common Stock | Feb 3, 2017 | F | 917 | $29.485 | D | 6,910 | D | |
| Common StockF3 | Feb 3, 2017 | M | 15,000 | — | A | 21,910 | D | |
| Common StockF4 | Feb 3, 2017 | D | 15,000 | $29.485 | D | 6,910 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF5,F1,F6 | — | Feb 3, 2017 | M | 3,000 | D | — | — | Common Stock | 3,000 | 26,000 | D |
| Phantom Stock UnitF7,F3 | — | Feb 3, 2017 | M | 15,000 | D | — | — | Common Stock | 15,000 | 0 | D |
Explanation of responses
- F1Represents time-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 time-based grant awarded under the 2012 Long-Term Incentive Plan, the total includes 100% of the original award, plus shares equivalent in value to accumulated dividends.
- F2Shares withheld for taxes on RSU vesting.
- F3Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock. On February 3, 2017, 15,000 of the reporting person's phantom stock units were settled for cash.
- F4The phantom stock units were paid in cash based on the average high/low MUR price on February 3, 2017.
- F5Time-based restricted stock unit award granted under the 2012 Long-Term Incentive Plan.
- F6These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
- F7Time-lapse award received on 2/4/2014; payable in cash on 2/3/2017 or forfeited if not with the Company at that time.