MURPHY OIL CORP — Director's Dealing 2012

Feb 7, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MURPHY OIL CORP /DE (MUR)
CIK: 0000717423
Period of Report: 2012-02-03

Reporting Person: KELLEY JAMES VIRGIL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-03	Common Stock	M	5612	—	Acquired	13121	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-03	Restricted Stock Unit	$0	M	5310	Acquired		Common Stock (5310)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5000	Indirect

Footnotes

F1: Represents 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 2008 Stock Plan for Non-Employee Directors, the total includes 100% of the original award, plus shares equivalent in value to accumulated dividends.

F2: Restricted Stock Unit Award granted under the 2008 Stock Plan for Non-Employee Directors.

F3: These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.