MURPHY OIL CORP — Director's Dealing 2017

Feb 2, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MURPHY OIL CORP /DE (MUR)
CIK: 0000717423
Period of Report: 2017-01-31

Reporting Person: McFadyen Michael K (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-31	Common Stock	M	12321	—	Acquired	57309	Direct
2017-01-31	Common Stock	F	5915	$28.505	Disposed	51394	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-31	Stock Option	$28.505	A	42000	Acquired	2024-01-31	Common Stock (42000)	Direct
2017-01-31	Performance Stock Unit	$	A	39000	Acquired		Common Stock (39000)	Direct
2017-01-31	Restricted Stock Unit	$	A	20000	Acquired		Common Stock (20000)	Direct
2017-01-31	Performance Stock Unit	$	M	14000	Disposed		Common Stock (14000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	814	Indirect

Footnotes

F1: Represents performance-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 performance-based grant awarded under the 2012 Long-Term Incentive Plan, the total includes 78.75% of the original award, plus shares equivalent in value to accumulated dividends.

F2: Shares withheld for taxes on RSU vesting.

F3: Award granted under the 2012 Long-Term Incentive Plan.

F4: The option vests in two equal installments, the first half two years after the original grant date and the final half three years after the original grant date.

F5: These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date

F6: Vest date is January 31, 2020.

F7: Performance-based restricted stock unit award granted under the 2012 Long-Term Incentive Plan.