Murphy USA Inc. — Director's Dealing 2022

May 11, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Murphy USA Inc. (MUSA)
CIK: 0001573516
Period of Report: 2022-05-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-05-09	Common Stock	M	51800	—	Acquired	253284.99	Direct
2022-05-09	Common Stock	F	31185	$236.20	Disposed	222099.99	Direct
2022-05-10	Common Stock	S	20615	$235.79	Disposed	201484.99	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-05-09	Stock Option	$65.75	M	51800	Disposed	2024-02-08	Common Stock (51800)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1515.99	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 May 06, 2022 of $236.20.

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.