R. Andrew Clyde - 09 Feb 2024 Form 4 Insider Report for Murphy USA Inc. (MUSA)

Role
President & CEO, Director
Signature
/s/ Gregory L. Smith, attorney-in-fact
Issuer symbol
MUSA
Transactions as of
09 Feb 2024
Transactions value $
-$1,473,657
Form type
4
Filing time
13 Feb 2024, 19:08:07
Previous filing
05 Dec 2023
Next filing
16 Feb 2024
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 +9.41K +5.45% $0.00 182K 09 Feb 2024 Direct F1, F2
transaction MUSA Common Stock Tax liability -$1.47M -3.74K -2.06% $393.71 178K 09 Feb 2024 Direct F3
holding MUSA Common Stock 1.52K 09 Feb 2024 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 -9.25K -41.48% $0.00 13.1K 09 Feb 2024 Common Stock 9.25K Direct F4, F5
transaction MUSA Dividend Equivalent Units Options Exercise $0 -159 -100% $0.00* 0 09 Feb 2024 Common Stock 159 Direct F6
* 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 Common Stock was understated by .442 shares on the February 3,2023 Form 4.
F3 Shares withheld for taxes on RSU vesting.
F4 Represents Restricted Stock Unit Award granted under the 2013 Stock Plan
F5 These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
F6 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.