SEC Form 4 · accession 0001127602-15-006538
Murphy USA Inc. · MUSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald R Smith Jr.
Officer — Vice President & Controller
Period of report
Feb 12, 2015
Accepted (ET)
Feb 17, 2015 · 9:42 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 Stock | Feb 12, 2015 | M | 7,906 | $0.00 | A | 9,984 | D | |
| Common Stock | Feb 12, 2015 | M | 6,150 | $0.00 | A | 16,134 | D | |
| Common Stock | Feb 12, 2015 | F | 9,137 | $71.51 | D | 6,997 | D | |
| Common Stock | Feb 12, 2015 | S | 4,919 | $71.21 | D | 2,078 | D | |
| Common StockF2 | holding | — | — | — | 135 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3,F4 | $34.1587 | Feb 12, 2015 | M | 7,906 | D | — | Feb 5, 2020 | Common Stock | 7,906 | 7,907 | D |
| Stock OptionF3,F4 | $32.5308 | Feb 12, 2015 | M | 6,150 | D | — | Jan 31, 2019 | Common Stock | 6,150 | 0 | D |
Explanation of responses
- F1Represents a net exercise of outstanding stock options. These shares were withheld by the Company for payment of the exercise price and applicable taxes, using the closing price on February 11, 2015 of $71.5100.
- F2Includes 6 shares acquired through the reporting person's 401(k) Plan. The information in this report is based on a plan statement dated January 31, 2015.
- F3Award granted under the 2013 Long-term Incentive Plan.
- F4The 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.