Murphy USA Inc. — Director's Dealing 2022

May 13, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Murphy USA Inc. (MUSA)
CIK: 0001573516
Period of Report: 2022-05-12

Reporting Person: Bacon Renee M (SVP, Sales & Ops)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-05-12	Common Stock	M	4800	—	Acquired	12006.3	Direct
2022-05-12	Common Stock	F	2999	$238.25	Disposed	9007.3	Direct
2022-05-12	Common Stock	S	1801	$241.60	Disposed	7206.3	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-05-12	Stock Option	$76.15	M	4800	Disposed	2026-02-06	Common Stock (4800)	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 11, 2022 of $238.25.

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.