SEC Form 4 · accession 0001127602-17-025348
Murphy USA Inc. · MUSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John A Moore
Officer — SVP
Period of report
Aug 8, 2017
Accepted (ET)
Aug 9, 2017 · 4:38 pm EDT
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 | Aug 8, 2017 | M | 4,450 | $0.00 | A | 18,169 | D | |
| Common Stock | Aug 8, 2017 | F | 3,420 | $72.13 | D | 13,719 | D | |
| Common StockF2 | Aug 8, 2017 | S | 1,030 | $71.46 | D | 17,139 | D | |
| Common Stock | holding | — | — | — | 1,058 | 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 | $39.46 | Aug 8, 2017 | M | 4,450 | D | — | Feb 11, 2021 | Common Stock | 4,450 | 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 August 8, 2017 of $72.1300.
- F2Represents a weighted average price. These shares were sold in two separate, same-day transactions with 839 shares being sold at $71.47 and 139 shares being sold at $71. 43.
- F3Time-based restricted stock unit award 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.