SEC Form 4 · accession 0001127602-18-004792
Murphy USA Inc. · MUSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Malynda K West
Officer — EVP, CFO & Treasurer
Period of report
Feb 7, 2018
Accepted (ET)
Feb 9, 2018 · 1:35 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 7, 2018 | M | 8,735 | $0.00 | A | 40,519 | D | |
| Common StockF1 | Feb 7, 2018 | F | 4,092 | $71.00 | D | 36,427 | D | |
| Common Stock | holding | — | — | — | 512 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitF2,F3 | — | Feb 7, 2018 | M | 8,735 | D | — | — | Common Stock | 8,735 | 10,665 | D |
| Performance Stock UnitF2,F3 | — | Feb 7, 2018 | A | 5,000 | A | — | — | Common Stock | 5,000 | 15,665 | D |
| Restricted Stock UnitF2,F3 | — | Feb 7, 2018 | A | 2,500 | A | — | — | Common Stock | 2,500 | 63,595 | D |
| Stock OptionF2,F4 | $71.00 | Feb 7, 2018 | A | 10,500 | A | — | Feb 7, 2025 | Common Stock | 10,500 | 10,500 | D |
Explanation of responses
- F1As a result of the determination of the amount of PSUs earned for the performance period ended December 31, 2017, this total includes the incremental number of PSUs (that is, 161.75% of the target amount, or 3,335 PSUs above the target number of 5,400 originally reported on the Form 4 when the PSU grant was made).
- F2Time-based restricted stock unit award granted under the 2013 Long-term Incentive Plan.
- F3These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
- 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.