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Murphy USA Inc. — Director's Dealing 2021
Feb 12, 2021
30773_dirs_2021-02-12_51aa8706-687f-4ec7-bb5e-86522fdde028.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Murphy USA Inc. (MUSA)
CIK: 0001573516
Period of Report: 2021-02-10
Reporting Person: Clyde R Andrew (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-10 | Common Stock | M | 29151 | — | Acquired | 180765.99 | Direct |
| 2021-02-10 | Common Stock | F | 13192 | $126.00 | Disposed | 167573.99 | Direct |
| 2021-02-10 | Common Stock | M | 54 | — | Acquired | 167627.99 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-10 | Performance Stock Unit | $ | M | 29151 | Disposed | Common Stock (29151) | Direct | |
| 2021-02-10 | Dividend Equivalent Units | $ | M | 54 | Disposed | Common Stock (54) | Direct | |
| 2021-02-10 | Performance Stock Unit | $ | A | 18500 | Acquired | Common Stock (18500) | Direct | |
| 2021-02-10 | Restricted Stock Unit | $ | A | 9250 | Acquired | Common Stock (9250) | Direct | |
| 2021-02-10 | Stock Option | $126.00 | A | 36600 | Acquired | 2028-02-10 | Common Stock (36600) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1502 | Indirect |
Footnotes
F1: Represents performance-based restricted stock units ("PSUs") and corresponding dividend equivalents accrued to the Reporting Person, under the 2013 Long Term Incentive Plan (the "Plan") that have vested and settled in shares of the Company's stock. Pursuant to the terms of the PSUs the total includes 159.00% of the original award.
F2: Shares withheld for taxes on PSU vesting.
F3: Reflects an award granted under the Plan.
F4: Reflects dividend equivalent units accrued on PSUs 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 PSU.
F5: These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
F6: 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.