Murphy USA Inc. — Director's Dealing 2017

May 10, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Murphy USA Inc. (MUSA)
CIK: 0001573516
Period of Report: 2017-05-08

Reporting Person: Clyde R Andrew (Director, President & CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-08	Phantom Stock Unit	$	I	5012	Acquired		Common Stock (5012)	Direct

Footnotes

F1: Each phantom unit is the economic equivalent of (1) share of Murphy USA Inc. common stock.

F2: The reported phantom stock units were acquired under Murphy USA Inc.'s excess benefit plan and are to be settled in cash 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.