MDU RESOURCES GROUP INC — Director's Dealing 2014

Nov 20, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MDU RESOURCES GROUP INC (MDU)
CIK: 0000067716
Period of Report: 2014-11-19

Reporting Person: HELLERSTEIN MARK A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-19	Common Stock	A	4340	$25.342	Acquired	5841	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (1427.257)	1427.257	Direct

Footnotes

F1: 1 for 1

F2: Units are to be settled in cash after report person's retirement.