Malynda K. West - Aug 9, 2022 Form 4 Insider Report for Murphy USA Inc. (MUSA)

Role
EVP, Fuels, CFO & Treasurer
Signature
/s/ Gregory L. Smith, attorney-in-fact
Stock symbol
MUSA
Transactions as of
Aug 9, 2022
Transactions value $
-$2,243,462
Form type
4
Date filed
8/11/2022, 04:32 PM
Previous filing
Jul 6, 2022
Next filing
Sep 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUSA Common Stock Options Exercise $746K +10.5K +11.47% $71.00 102K Aug 9, 2022 Direct
transaction MUSA Common Stock Tax liability -$1.75M -6.15K -6.03% $284.75 95.9K Aug 9, 2022 Direct F1
transaction MUSA Common Stock Sale -$1.24M -4.35K -4.53% $284.54 91.6K Aug 9, 2022 Direct
holding MUSA Common Stock 803 Aug 9, 2022 401(k) 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 -10.5K -100% $0.00* 0 Aug 9, 2022 Common Stock 10.5K $71.00 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 August 8, 2022 of $284.75.
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.