Malynda K. West - 06 Sep 2023 Form 4 Insider Report for Murphy USA Inc. (MUSA)

Role
EVP, Fuels, CFO & Treasurer
Signature
/s/ Gregory L. Smith, attorney-in-fact
Issuer symbol
MUSA
Transactions as of
06 Sep 2023
Net transactions value
-$1,742,763
Form type
4
Filing time
08 Sep 2023, 18:18:57 UTC
Previous filing
06 Jul 2023
Next filing
04 Oct 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 +12,554 +13% $0.000000 111,223 06 Sep 2023 Direct F1
transaction MUSA Common Stock Tax liability $1,742,763 -5,531 -5% $315.09 105,692 06 Sep 2023 Direct F2
holding MUSA Common Stock 833 06 Sep 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 Restricted Stock Unit Options Exercise $0 -12,333 -71% $0.000000 5,100 06 Sep 2023 Common Stock 12,333 Direct F3, F4
transaction MUSA Dividend Equivalent Units Award $0 +15 +7.5% $0.000000 221 06 Sep 2023 Common Stock 15 Direct F5, F6
transaction MUSA Dividend Equivalent Units Options Exercise $0 -221 -100% $0.000000* 0 06 Sep 2023 Common Stock 221 Direct F5, F6
transaction MUSA Dividend Equivalent Units Award $0 +3 +8.4% $0.000000 37 07 Sep 2023 Common Stock 3 Direct F5, F7
transaction MUSA Dividend Equivalent Units Award $0 +2 +16% $0.000000 14 07 Sep 2023 Common Stock 2 Direct F5, F8
transaction MUSA Dividend Equivalent Units Award $0 +2 +45% $0.000000 5 07 Sep 2023 Common Stock 2 Direct F5, F9
* 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 Award granted under the 2013 Long-term Incentive Plan.
F4 These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
F5 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.
F6 Reflects the accrual of dividend equivalent units on pension restoration RSUs granted on September 6, 2013.
F7 Reflects the accrual of dividend equivalent units on RSUs granted to the Reporting Person on February 10, 2021.
F8 Reflects the accrual of dividend equivalent units on RSUs granted to the Reporting Person on February 9, 2022.
F9 Reflects the accrual of dividend equivalent units on RSUs granted to the Reporting Person on February 8, 2023.