ROBERT MADISON MURPHY - 06 Feb 2023 Form 4 Insider Report for Murphy USA Inc. (MUSA)

Role: Director
Signature: /s/ Gregory L. Smith, attorney-in-fact
Issuer symbol: MUSA
Transactions as of: 06 Feb 2023
Net transactions value: -$230
Form type: 4
Filing time: 08 Feb 2023, 15:41:19 UTC
Previous filing: 03 Feb 2023
Next filing: 13 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	+1,218	+0.27%	$0.000000	444,742	06 Feb 2023	By Trust	F1
transaction	MUSA	Common Stock	Options Exercise	$0	+17	+0%	$0.000000	444,759	06 Feb 2023	By Trust	F1
transaction	MUSA	Common Stock	Disposed to Issuer	$230	-1	-0%	$244.68	444,758	06 Feb 2023	By Trust	F1
holding	MUSA	Common Stock						41,379	06 Feb 2023	By Spouse
holding	MUSA	Common Stock						918	06 Feb 2023	Trustee For My Children

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	-1,218	-40%	$0.000000	1,865	06 Feb 2023	Common Stock	1,218		Direct	F2, F3
transaction	MUSA	Dividend Equivalent Units	Options Exercise	$0	-17	-100%	$0.000000^*	0	06 Feb 2023	Common Stock	17		Direct	F4

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

Explanation of Responses:

Id	Content
F1	Represents Restricted Stock Units ("RSUs") and corresponding dividend equivalents accrued thereon granted to the Reporting Person under the 2013 Stock Plan for Non-Employee Directors (the "Plan") that have vested and settled in shares of the Company's stock on a one-for-one basis, except for fractional dividend equivalents which have been settled in cash.
F2	Represents Restricted Stock Unit Award granted under the 2013 Stock Plan for Non-employee Directors that have vested according to Plan.
F3	These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
F4	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. Any fractional dividend equivalent units will be settled in cash.