Murphy USA Inc. — Director's Dealing 2014

May 23, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Murphy USA Inc. (MUSA)
CIK: 0001573516
Period of Report: 2014-05-23

Reporting Person: MOORE JOHN A (SVP & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-23	Common Stock	M	4392	$37.0728	Acquired	5026	Direct
2014-05-23	Common Stock	M	8784	$32.5308	Acquired	13810	Direct
2014-05-23	Common Stock	F	10475	$49.51	Disposed	3335	Direct
2014-05-23	Common Stock	S	2701	$49.5108	Disposed	634	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-23	Stock Option	$37.0728	M	4392	Disposed	2018-02-01	Common Stock (4392)	Direct
2014-05-23	Stock Option	$32.5308	M	8784	Disposed	2019-01-31	Common Stock (8784)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	414	Indirect

Footnotes

F1: Represents a "net exercise" of outstanding stock options. These shares were withheld by the Company for payment of the exercise price and applicable taxes, using the closing price on May 22, 2014 of $49.5100.

F2: Award granted under the 2013 Long-Term Incentive Plan.

F3: 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.