Donald R. Smith Jr. - 12 Aug 2022 Form 4 Insider Report for Murphy USA Inc. (MUSA)

Role
VP & Corporate Controller
Signature
/s/ Gregory L. Smith, attorney-in-fact
Issuer symbol
MUSA
Transactions as of
12 Aug 2022
Net transactions value
-$590,882
Form type
4
Filing time
16 Aug 2022, 16:32:28 UTC
Previous filing
03 Jun 2022
Next filing
12 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUSA Common Stock Options Exercise $191,700 +2,700 +15% $71.00* 20,698 12 Aug 2022 Direct
transaction MUSA Common Stock Tax liability $454,768 -1,579 -7.6% $288.01 19,119 12 Aug 2022 Direct F1
transaction MUSA Common Stock Sale $327,814 -1,121 -5.9% $292.43 17,998 12 Aug 2022 Direct
holding MUSA Common Stock 556 12 Aug 2022 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 -2,700 -100% $0.000000* 0 12 Aug 2022 Common Stock 2,700 $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 11, 2022 of $288.01.
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.