MURPHY OIL CORP — Director's Dealing 2017

May 11, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MURPHY OIL CORP /DE (MUR)
CIK: 0000717423
Period of Report: 2017-05-10

Reporting Person: THEUS CAROLINE G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-10	Common Stock	M	19724	—	Acquired	422654	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-10	Restricted Stock Unit	$	M	4068	Disposed		Common Stock (4068)	Direct
2017-05-10	Restricted Stock Unit	$	M	7789	Disposed		Common Stock (7789)	Direct
2017-05-10	Restricted Stock Unit	$	M	6935	Disposed		Common Stock (6935)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	537252	Indirect
Common Stock	15239	Indirect
Common Stock	6684	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 due to the retirement of the reporting person on May 10, 2017. Pursuant to the terms of the time-based grant awarded under the 2013 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 2013 Stock Plan for Non-Employee Directors.

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