Donald R. Smith Jr - May 11, 2021 Form 4 Insider Report for Murphy USA Inc. (MUSA)

Role
VP & Corporate Controller
Signature
/s/ Gregory L. Smith, attorney-in-fact
Stock symbol
MUSA
Transactions as of
May 11, 2021
Transactions value $
-$276,422
Form type
4
Date filed
5/13/2021, 04:37 PM
Next filing
Jun 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUSA Common Stock Options Exercise $195K +3.3K +20.52% $59.11* 19.4K May 11, 2021 Direct
transaction MUSA Common Stock Tax liability -$279K -1.95K -10.05% $143.12 17.4K May 11, 2021 Direct F1
transaction MUSA Common Stock Sale -$193K -1.35K -7.75% $142.52 16.1K May 11, 2021 Direct
holding MUSA Common Stock 551 May 11, 2021 Trustee of Company Thrift Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MUSA Stock Option Options Exercise $0 -3.3K -100% $0.00* 0 May 11, 2021 Common Stock 3.3K $59.11 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 of $143.12.
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.