SEC Form 4 · accession 0001127602-16-041604
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 5, 2016
Accepted (ET)
Feb 16, 2016 · 7:24 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 | 1,275 | $57.75 | D | 803 | D | |
| Common StockF2 | Feb 5, 2016 | M | 3,508 | $0.00 | A | 4,311 | D | |
| Common StockF3 | holding | — | — | — | 248 | 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 | — | Feb 5, 2016 | M | 3,508 | D | — | — | Common Stock | 3,508 | 6,649 | D |
| Stock OptionF4,F6 | $59.11 | Feb 10, 2016 | A | 3,300 | A | — | Feb 10, 2023 | Common Stock | 3,300 | 3,300 | D |
| Performance Stock UnitF4,F5 | — | Feb 10, 2016 | A | 1,800 | A | — | — | Common Stock | 1,800 | 5,600 | D |
| Restricted Stock UnitF4,F5 | — | Feb 10, 2016 | A | 900 | A | — | — | Common Stock | 900 | 7,549 | D |
| Phantom Stock UnitF7,F8,F9 | — | holding | — | — | — | — | — | Common Stock | 72 | 72 | 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.
- F3Includes 113 shares acquired through the reporting person's 401(k) Plan. The information in this report is based on a plan statement dated December 31, 2015.
- F4Award granted under the 2013 Long-term Incentive Plan.
- F5These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
- F6The 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.
- F7Each phantom unit is the economic equivalent of (1) share of Murphy USA Inc. common stock.
- F8The reported phantom stock units were acquired under Murphy USA Inc.'s excess benefit plan and are to be settled in cash 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.
- F9Includes 72 units acquired through the reporting person's SERP Plan. The information in this report is based on a plan statement dated December 31, 2015.