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: COMPTON WALTER 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	46217	Direct
2017-01-31	Common Stock	F	4220	$28.505	Disposed	41997	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-31	Stock Option	$28.505	A	31000	Acquired	2024-01-31	Common Stock (31000)	Direct
2017-01-31	Performance Stock Unit	$	A	29000	Acquired		Common Stock (29000)	Direct
2017-01-31	Restricted Stock Unit	$	A	15000	Acquired		Common Stock (15000)	Direct
2017-01-31	Restricted Stock Unit	$	M	14000	Disposed		Common Stock (14000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4752	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock Unit	$		Common Stock (2180)	2180	Direct

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 181 shares obtained through the Company Employee Stock Purchase Plan. The information in this report is based on a plan statement dated December 31, 2016.

F4: Includes 653 shares obtained through the Company Thrift Plan. The information in this report is based on a plan statement dated December 31, 2016.

F5: Award granted under the 2012 Long-Term Incentive Plan.

F6: 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

F7: These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.

F8: Vest date is January 31, 2020.

F9: Performance-based restricted stock unit award granted under the 2012 Long-Term Incentive Plan.

F10: Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock.

F11: The reported phantom stock units were acquired under Murphy Oil Corporation's excess benefit plan and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock units into an alternative investment account at any time prior to settlement.

F12: Includes 566 shares obtained under the Murphy Oil Corporation's excess benefit plan. The information in this report is based on a plan statement dated December 31, 2016.