MDU RESOURCES GROUP INC — Director's Dealing 2016

Mar 31, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MDU RESOURCES GROUP INC (MDU)
CIK: 0000067716
Period of Report: 2016-03-31

Reporting Person: Holaday A Bart (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-31	Phantom Stock	$	A	893.093	Acquired		Common Stock (893.093)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	57025	Direct

Footnotes

F1: 1 for 1

F2: Phantom Stock units include units that were accrued through dividends under the Deferred Compensation Plan for Directors.

F3: Units are to be settled in cash after report person's retirement.