Jennifer Bridges - 16 Nov 2023 Form 4 Insider Report for Murphy USA Inc. (MUSA)

Role
SVP, Asset Development
Signature
/s/ Gregory L. Smith, attorney-in-fact
Issuer symbol
MUSA
Transactions as of
16 Nov 2023
Net transactions value
-$1,312,761
Form type
4
Filing time
20 Nov 2023, 16:30:24 UTC
Previous filing
08 Sep 2023
Next filing
05 Dec 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 +2,400 +59% $0.000000 6,435 16 Nov 2023 Direct
transaction MUSA Common Stock Tax liability $484,011 -1,317 -20% $367.51 5,118 16 Nov 2023 Direct F1
transaction MUSA Common Stock Sale $828,750 -2,268 -44% $365.41 2,850 16 Nov 2023 Direct

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 -2,400 -100% $0.000000* 0 16 Nov 2023 Common Stock 2,400 $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 option. These shares were withheld by the company for payment of the exercise price and applicable taxes using the closing price on November 15, 2023 of $367.51.
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.