Donald R. Smith Jr. - 14 Feb 2024 Form 4 Insider Report for Murphy USA Inc. (MUSA)

Role
VP & Corporate Controller
Signature
/s/ Gregory L. Smith, attorney-in-fact
Issuer symbol
MUSA
Transactions as of
14 Feb 2024
Net transactions value
-$35,239
Form type
4
Filing time
16 Feb 2024, 16:39:31 UTC
Previous filing
13 Feb 2024
Next filing
26 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 +2,034 +10% $0.000000 21,829 14 Feb 2024 Direct F1
transaction MUSA Common Stock Tax liability $348,471 -890 -4.1% $391.54 20,939 14 Feb 2024 Direct F2
holding MUSA Common Stock 558 14 Feb 2024 Trustee of Company Thrift 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 $313,232 +800 $391.54 800 14 Feb 2024 Common Stock 800 $391.54 Direct F3
transaction MUSA Restricted Stock Unit Award $0 +250 +38% $0.000000 900 14 Feb 2024 Common Stock 250 Direct F4, F5
transaction MUSA Performance Stock Unit Award $0 +500 +22% $0.000000 2,800 14 Feb 2024 Common Stock 500 Direct F4, F5
transaction MUSA Performance Stock Unit Options Exercise $0 -1,000 -36% $0.000000 1,800 14 Feb 2024 Common Stock 1,000 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 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 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 Awarded under the 2023 Omnibus Incentive Plan
F5 These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
F6 Award granted under the 2013 Long-term Incentive Plan.