Terry P. Hatten - 04 Feb 2022 Form 4 Insider Report for Murphy USA Inc. (MUSA)

Signature
/s/ Gregory L. Smith, attorney-in-fact
Issuer symbol
MUSA
Transactions as of
04 Feb 2022
Transactions value $
-$76,511
Form type
4
Filing time
08 Feb 2022, 17:45:38
Previous filing
02 Dec 2021
Next filing
11 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUSA Common Stock Options Exercise $0 +1.35K +48.97% $0.00 4.11K 04 Feb 2022 Direct F1
transaction MUSA Common Stock Options Exercise $0 +12 +0.29% $0.00 4.12K 04 Feb 2022 Direct F1
transaction MUSA Common Stock Tax liability -$76.5K -417 -10.12% $183.48 3.7K 04 Feb 2022 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 Restricted Stock Unit Options Exercise $0 -1.35K -39.71% $0.00 2.05K 04 Feb 2022 Common Stock 1.35K Direct F3, F5
transaction MUSA Dividend Equivalent Units Options Exercise $0 -12 -100% $0.00* 0 04 Feb 2022 Common Stock 12 Direct F4, F5
* 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 Reflects an award of RSUs granted under the Plan.
F4 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.
F5 These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.