Jennifer Bridges - 14 Feb 2024 Form 4 Insider Report for Murphy USA Inc. (MUSA)

Signature
/s/ Gregory L. Smith, attorney-in-fact
Issuer symbol
MUSA
Transactions as of
14 Feb 2024
Net transactions value
-$229,442
Form type
4
Filing time
16 Feb 2024, 16:34:36 UTC
Previous filing
13 Feb 2024
Next filing
11 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUSA Common Stock Options Exercise $0 +2,034 +64% $0.000000 5,228 14 Feb 2024 Direct F1
transaction MUSA Common Stock Tax liability $229,442 -586 -11% $391.54 4,642 14 Feb 2024 Direct F2

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 Performance Stock Unit Options Exercise $0 -1,000 -40% $0.000000 1,500 14 Feb 2024 Common Stock 1,000 Direct F3
* 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 that have vested and settled in shares of the Company's stock. Pursuant to the terms of the performance-based grant awarded under the 2013 Long-Term Incentive Plan, the total includes 200% of the original award plus shares equivalent in value to accumulated dividends.
F2 Shares withheld for taxes on PSU vesting.
F3 These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.