Murphy USA Inc. — Director's Dealing 2018

Aug 8, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Murphy USA Inc. (MUSA)
CIK: 0001573516
Period of Report: 2018-08-06

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-06	Common Stock	M	118499	—	Acquired	203833	Direct
2018-08-06	Common Stock	F	84818	$85.43	Disposed	133476	Direct
2018-08-06	Common Stock	M	50000	—	Acquired	253833	Direct
2018-08-06	Common Stock	F	35539	$85.43	Disposed	218294	Direct
2018-08-06	Common Stock	S	48142	$85.00	Disposed	85334	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-08-06	Stock Option	$40.2545	M	118499	Disposed	2020-02-05	Common Stock (118499)	Direct
2018-08-06	Stock Option	$39.46	M	50000	Disposed	2021-02-11	Common Stock (50000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1500	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 8/3/2018 of $85.43.

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 grant date and the final half three years after the grant date.