Murphy USA Inc. — Director's Dealing 2021

May 6, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Murphy USA Inc. (MUSA)
CIK: 0001573516
Period of Report: 2021-05-04

Reporting Person: HATTEN TERRY P. (SVP, Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-04	Common Stock	M	2500	$76.15	Acquired	4688	Direct
2021-05-04	Common Stock	F	1763	$141.74	Disposed	2925	Direct
2021-05-04	Common Stock	S	737	$140.17	Disposed	2188	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-04	Stock Option	$76.15	M	2500	Disposed	2026-02-06	Common Stock (2500)	Direct

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 4, 2021 of $141.74.

F2: Represents Restricted Stock Unit Award granted under the 2013 Stock Plan for Non-employee Directors that have vested according to 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.