SEC Form 4 · accession 0001127602-15-004223
Murphy USA Inc. · MUSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marn K Cheng
Officer — Senior Vice President
Period of report
Jan 30, 2015
Accepted (ET)
Feb 3, 2015 · 9:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001573516
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 30, 2015 | F | 371 | $69.81 | D | 210 | D | |
| Common StockF2 | Jan 31, 2015 | M | 938 | $0.00 | A | 1,148 | D | |
| Common StockF3 | holding | — | — | — | 664 | I | Trustee of Company Thrift Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF4,F2,F5 | — | Jan 30, 2015 | M | 938 | D | — | — | Common Stock | 938 | 13,158 | D |
| Phantom Stock UnitF6,F7,F8 | $0.00 | holding | — | — | — | — | — | Common Stock | 318 | 318 | D |
Explanation of responses
- F1Shares withheld for taxes on RSU vesting as per the grant agreement.
- F2Represents time-based Restricted Stock Units (RSUs) that have vested and settled in shares of the Company's stock on a one-for-one basis pursuant to the terms of the grant awarded under the 2013 Long-term Incentive Plan.
- F3Includes 39 shares acquired through the reporting person's 401(k) Plan. The information in this report is based on a plan statement dated December 31, 2014.
- F4Award granted under the 2013 Long-term Incentive Plan.
- F5These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
- F6Each phantom unit is the economic equivalent of (1) share of Murphy USA common stock.
- F7The reported phantom stock units were acquired under Murphy USA's excess benefit plan and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock units into an alternative investment account at any time prior to settlement.
- F8Includes 35 phantom stock units acquired through the reporting person's excess benefit plan. The information in this report is based on a plan statement dated December 31, 2014.