Malynda K. West - Feb 8, 2023 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
Feb 8, 2023
Transactions value $
-$101,967
Form type
4
Date filed
2/10/2023, 03:38 PM
Previous filing
Feb 7, 2023
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUSA Common Stock Options Exercise $0 +9.94K +10.69% $0.00 103K Feb 8, 2023 Direct F1
transaction MUSA Common Stock Tax liability -$1.1M -4.19K -4.07% $263.48 98.7K Feb 8, 2023 Direct F2
holding MUSA Common Stock 808 Feb 8, 2023 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 Award $1M +3.8K $263.48 3.8K Feb 8, 2023 Common Stock 3.8K $263.48 Direct F3
transaction MUSA Restricted Stock Unit Award $0 +1.25K +7.72% $0.00 17.4K Feb 8, 2023 Common Stock 1.25K Direct F4, F5
transaction MUSA Performance Stock Unit Award $0 +2.5K +19.84% $0.00 15.1K Feb 8, 2023 Common Stock 2.5K Direct F5
transaction MUSA Performance Stock Unit Options Exercise $0 -4.9K -32.45% $0.00 10.2K Feb 8, 2023 Common Stock 4.9K Direct F5
transaction MUSA Dividend Equivalent Units Options Exercise $0 -68.2 -100% $0.00* 0 Feb 8, 2023 Common Stock 68.2 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based restricted stock units ("PSUs") and corresponding dividend equivalents accrued to the Reporting Person, under the 2013 Long Term Incentive Plan (the "Plan") that have vested and settled in shares of the Company's stock. Pursuant to the terms of the PSUs the total includes 200% of the original award.
F2 Shares withheld for taxes on PSU vesting.
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.
F4 Award granted under the 2013 Long-term Incentive Plan.
F5 These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
F6 Reflects dividend equivalent units accrued on PSUs 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 PSU.