SEC Form 4 · accession 0001127602-17-005092
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 8, 2017
Accepted (ET)
Feb 10, 2017 · 8:41 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 8, 2017 | M | 48,546 | $0.00 | A | 74,752 | D | |
| Common StockF1 | Feb 8, 2017 | F | 21,518 | $65.75 | D | 53,234 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2 | $65.75 | Feb 8, 2017 | A | 51,800 | A | — | Feb 8, 2024 | Common Stock | 51,800 | 51,800 | D |
| Restricted Stock UnitF3,F2 | — | Feb 8, 2017 | A | 12,150 | A | — | — | Common Stock | 12,150 | 50,600 | D |
| Performance Stock UnitF2 | — | Feb 8, 2017 | A | 24,300 | A | — | — | Common Stock | 24,300 | 101,200 | D |
| Performance Stock UnitF2,F1 | — | Feb 8, 2017 | M | 48,546 | D | — | — | Common Stock | 48,546 | 70,200 | D |
Explanation of responses
- F1As a result of the determination of the amount of PSUs earned for the performance period ended December 31, 2016, this total includes the incremental number of PSUs (that is, 156.6% of the target amount, or 17,546 PSUs above the target number of 31,000 originally reported on the Form 4 when the PSU grant was made).
- F2These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
- F3Award granted under the 2013 Long-Term Incentive Plan.