SEC Form 4 · accession 0001127602-16-041593
Murphy USA Inc. · MUSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R Andrew Clyde
Officer — President & CEO · Director
Period of report
Feb 5, 2016
Accepted (ET)
Feb 16, 2016 · 7:14 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 | Feb 5, 2016 | F | 9,893 | $57.75 | D | 1,107 | D | |
| Common StockF2 | Feb 5, 2016 | M | 25,099 | $0.00 | A | 26,206 | D | |
| Common Stock | holding | — | — | — | 1,500 | I | 401(k) 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 UnitF3,F4 | — | Feb 5, 2016 | M | 25,099 | D | — | — | Common Stock | 25,099 | 25,200 | D |
| Stock OptionF3,F5 | $59.11 | Feb 10, 2016 | A | 47,900 | A | — | Feb 10, 2023 | Common Stock | 47,900 | 47,900 | D |
| Performance Stock UnitF3,F4 | — | Feb 10, 2016 | A | 26,500 | A | — | — | Common Stock | 26,500 | 76,900 | D |
| Restricted Stock UnitF3,F4 | — | Feb 10, 2016 | A | 13,250 | A | — | — | Common Stock | 13,250 | 38,450 | D |
Explanation of responses
- F1Shares withheld for taxes on RSU vesting.
- 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.
- F3Award granted under the 2013 Long-Term Incentive Plan.
- F4These securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
- F5The 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.