Terry P. Hatten - Nov 9, 2021 Form 4 Insider Report for Murphy USA Inc. (MUSA)

Role
SVP, Human Resources
Signature
/s/ Gregory L. Smith, attorney-in-fact
Stock symbol
MUSA
Transactions as of
Nov 9, 2021
Transactions value $
-$210,372
Form type
4
Date filed
11/12/2021, 03:31 PM
Previous filing
Sep 10, 2021
Next filing
Dec 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUSA Common Stock Options Exercise $146K +2K +72.54% $72.80* 4.76K Nov 9, 2021 Direct
transaction MUSA Common Stock Tax liability -$236K -1.33K -28.04% $177.22 3.42K Nov 9, 2021 Direct F1
transaction MUSA Common Stock Sale -$120K -666 -19.46% $179.52 2.76K Nov 9, 2021 Direct

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 -2K -100% $0.00* 0 Nov 9, 2021 Common Stock 2K $72.80 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 options. These shares were withheld by the company for payment of the exercise price and applicable taxes using the closing price on November 9, 2021 of $177.22.
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.