MURPHY OIL CORP /DE | 2013 | FY | 3


Changes in SAR outstanding beginning in 2013 are presented in the following table.

 

     Number
of SAR
    Average
Exercise
Price
 

Outstanding at December 31, 2012

     0     

Granted

     851,000      $ 54.21   

Forfeited

     (68,712  

Surrendered in connection with separation of Murphy USA Inc.

     (73,000  

Murphy USA Inc. spin-off adjustment

     78,824     
  

 

 

   

Outstanding at December 31, 2013

     788,112      $ 54.21   
  

 

 

   

us-gaap:ScheduleOfShareBasedCompensationStockAppreciationRightsAwardActivityTableTextBlock