JAMES W. KEYES - 07 Feb 2022 Form 4 Insider Report for Murphy USA Inc. (MUSA)

Role
Director
Signature
/s/ Gregory L. Smith, attorney-in-fact
Issuer symbol
MUSA
Transactions as of
07 Feb 2022
Net transactions value
-$135
Form type
4
Filing time
09 Feb 2022, 16:42:35 UTC
Previous filing
12 Jan 2022
Next filing
14 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUSA Common Stock Options Exercise $0 +1,454 +9% $0.000000 17,654 07 Feb 2022 Direct F1
transaction MUSA Common Stock Options Exercise $0 +13 +0.07% $0.000000 17,667 07 Feb 2022 Direct F1
transaction MUSA Common Stock Disposed to Issuer $135 -1 -0% $155.77 17,666 07 Feb 2022 Direct F1

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 -1,454 -39% $0.000000 2,297 07 Feb 2022 Common Stock 1,454 Direct F2, F3
transaction MUSA Dividend Equivalent Units Options Exercise $0 -13 -100% $0.000000* 0 07 Feb 2022 Common Stock 13 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units ("RSUs") and corresponding dividend equivalents accrued thereon granted to the Reporting Person under the 2013 Stock Plan for Non-Employee Directors (the "Plan") that have vested and settled in shares of the Company's stock on a one-for-one basis, except for fractional dividend equivalents which have been settled in cash.
F2 Represents Restricted Stock Unit Award granted under the 2013 Stock Plan for Non-employee Directors that have vested according to Plan.
F3 These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
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. Any fractional dividend equivalent units will be settled in cash.