Jennifer Bridges - 10 Feb 2022 Form 3 Insider Report for Murphy USA Inc. (MUSA)

Role: SVP, Asset Development
Signature: /s/ Gregory L. Smith, attorney-in-fact
Issuer symbol: MUSA
Transactions as of: 10 Feb 2022
Net transactions value: $0
Form type: 3
Filing time: 25 Feb 2022, 15:34:01 UTC
Next filing: 07 Mar 2022
SEC: View on sec.gov

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
holding	MUSA	Stock Option							10 Feb 2022	Common Stock	2,400	$71.00	Direct	F1
holding	MUSA	Stock Option							10 Feb 2022	Common Stock	2,400	$76.15	Direct	F2
holding	MUSA	Stock Option							10 Feb 2022	Common Stock	1,800	$106.72	Direct	F3
holding	MUSA	Stock Option							10 Feb 2022	Common Stock	2,100	$126.00	Direct	F4
holding	MUSA	Stock Option							10 Feb 2022	Common Stock	1,400	$181.18	Direct	F5
holding	MUSA	Restricted Stock Unit							10 Feb 2022	Common Stock	500		Direct	F6, F9
holding	MUSA	Restricted Stock Unit							10 Feb 2022	Common Stock	500		Direct	F7, F9
holding	MUSA	Restricted Stock Unit							10 Feb 2022	Common Stock	400		Direct	F8, F9
holding	MUSA	Performance Stock Unit							10 Feb 2022	Common Stock	1,000		Direct	F9
holding	MUSA	Performance Stock Unit							10 Feb 2022	Common Stock	1,000		Direct	F9
holding	MUSA	Performance Stock Unit							10 Feb 2022	Common Stock	800		Direct	F9
holding	MUSA	Dividend Equivalent Units							10 Feb 2022	Common Stock	24		Direct	F9, F10

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The option vests in two equal installments. The first installment of 1200 shares became exercisable on February 7, 2020 and the second installment of 1,200 shares became exercisable on February 7, 2021.
F2	The option vests in two equal installments. The first installment of 1200 shares became exercisable on February 6, 2021 and the second installment of 1,200 shares became exercisable on February 6, 2022.
F3	The option vests in two equal installments. The first installment of 900 shares became exercisable on February 5, 2022 and the second installment of 900 shares will become exercisable on February 5, 2023.
F4	The option vests in two equal installments. The first installment of 1,050 shares will become exercisable on February 10, 2023 and the second installment of 1,050 shares will become exercisable on February 10, 2024.
F5	The option vests in two equal installments. The first installment of 700 shares will become exercisable on February 9, 2024 and the second installment of 700 shares will become exercisable on February 9, 2025.
F6	The Restricted Stock Unit vest on February 5, 2023.
F7	The Restricted Stock Unit vest on February 10, 2024.
F8	The Restricted Stock Unit vest on February 9, 2025.
F9	These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
F10	Reflects dividend equivalent units accrued on RSUs granted to the Reporting Person under the Plan. Each dividend equivalent unit reflects the right to receive common stock, subject to the terms and conditions (including vesting and settlement terms) applicable to the corresponding RSUs.