Robert J. Chumley - 03 Feb 2023 Form 4 Insider Report for Murphy USA Inc. (MUSA)

Role: SVP, Chief Digital Officer
Signature: /s/ Gregory L. Smith, attorney-in-fact
Issuer symbol: MUSA
Transactions as of: 03 Feb 2023
Net transactions value: -$148,455
Form type: 4
Filing time: 07 Feb 2023, 15:38:23 UTC
Previous filing: 05 Dec 2022
Next filing: 10 Feb 2023
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	$0	+1,250	+91%	$0.000000	2,620	03 Feb 2023	Direct	F1
transaction	MUSA	Common Stock	Options Exercise	$0	+17	+0.66%	$0.000000	2,638	03 Feb 2023	Direct	F1
transaction	MUSA	Common Stock	Tax liability	$148,455	-585	-22%	$253.77	2,053	03 Feb 2023	Direct	F2

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	Restricted Stock Unit	Options Exercise	$0	-1,250	-40%	$0.000000	1,850	03 Feb 2023	Common Stock	1,250		Direct	F3, F4
transaction	MUSA	Dividend Equivalent Units	Options Exercise	$0	-17	-100%	$0.000000^*	0	03 Feb 2023	Common Stock	17		Direct	F4, F5

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

Explanation of Responses:

Id	Content
F1	Represents time-based Restricted Stock Units (RSUs) and corresponding dividend equivalents accrued to the Reporting Person under the 2013 Long Term Incentive Plan that have vested and settled in shares of the Company's stock on a one-for-one basis.
F2	Shares withheld for taxes on RSU vesting.
F3	Reflects an award of RSUs granted under the Plan
F4	These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
F5	Reflects the accrual of dividend equivalent units on outstanding restricted stock units ("RSUs") granted to the Reporting Person under the 2013 Long-Term Incentive 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.