MURPHY OIL CORP — Director's Dealing 2017

Feb 7, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MURPHY OIL CORP /DE (MUR)
CIK: 0000717423
Period of Report: 2017-02-03

Reporting Person: MONTGOMERY K. TODD (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-03	Common Stock	M	3352	—	Acquired	7827	Direct
2017-02-03	Common Stock	F	917	$29.485	Disposed	6910	Direct
2017-02-03	Common Stock	M	15000	—	Acquired	21910	Direct
2017-02-03	Common Stock	D	15000	$29.485	Disposed	6910	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-03	Restricted Stock Unit	$	M	3000	Disposed		Common Stock (3000)	Direct
2017-02-03	Phantom Stock Unit	$	M	15000	Disposed		Common Stock (15000)	Direct

Footnotes

F1: Represents time-based 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 2012 Long-Term Incentive Plan, the total includes 100% of the original award, plus shares equivalent in value to accumulated dividends.

F2: Shares withheld for taxes on RSU vesting.

F3: Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock. On February 3, 2017, 15,000 of the reporting person's phantom stock units were settled for cash.

F4: The phantom stock units were paid in cash based on the average high/low MUR price on February 3, 2017.

F5: Time-based restricted stock unit award granted under the 2012 Long-Term Incentive Plan.

F6: These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.

F7: Time-lapse award received on 2/4/2014; payable in cash on 2/3/2017 or forfeited if not with the Company at that time.