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: BUTLER TIM F (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-31	Common Stock	M	3520	—	Acquired	20732	Direct
2017-01-31	Common Stock	F	1206	$28.505	Disposed	19526	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-31	Stock Option	$28.505	A	10000	Acquired	2024-01-31	Common Stock (10000)	Direct
2017-01-31	Performance Stock Unit	$	A	9000	Acquired		Common Stock (9000)	Direct
2017-01-31	Restricted Stock Unit	$	A	4000	Acquired		Common Stock (4000)	Direct
2017-01-31	Restricted Stock Unit	$	M	4000	Disposed		Common Stock (4000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5610	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: Includes 726 shares obtained through the Company Thrift Plan. The information in this report is based on a plan statement dated December 31, 2016.

F4: Award granted under the 2012 Long-Term Incentive Plan.

F5: The option vests in two equal installments, the first half two years after original grant date and the final half three years after original grant date.

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

F7: Vest date is January 31, 2020.

F8: Performance-based restricted stock unit award granted under the 2012 Long-Term Incentive Plan.