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: Bacon Renee M (SVP, Sales & Ops)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-04	Common Stock	M	2800	$71.00	Acquired	6418.3	Direct
2021-05-04	Common Stock	F	1826	$141.74	Disposed	4592.3	Direct
2021-05-04	Common Stock	S	974	$141.36	Disposed	3618.3	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-04	Stock Option	$71.00	M	2800	Disposed	2025-02-07	Common Stock (2800)	Direct

Footnotes

F1: Represents a net exercise of outstanding stock option. These shares were withheld by the company for payment of the exercise price and applicable taxes using the closing price on May 4 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.