Patrick A. Lytle - 01 Jul 2022 Form 4 Insider Report for SM Energy Co (SM)

Role
VP - Chief Accounting Officer
Signature
Andrew T. Fiske (Attorney-in-Fact)
Issuer symbol
SM
Transactions as of
01 Jul 2022
Net transactions value
-$34,926
Form type
4
Filing time
06 Jul 2022, 17:19:45 UTC
Previous filing
10 Mar 2022
Next filing
02 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SM Common Stock, $.01 Par Value Other $14,034 +560 +6.7% $25.06 8,950 30 Jun 2022 Direct F1
transaction SM Common Stock, $.01 Par Value Options Exercise +1,353 +15% 10,303 01 Jul 2022 Direct F2
transaction SM Common Stock, $.01 Par Value Tax liability $13,402 -392 -3.8% $34.19 9,911 01 Jul 2022 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +2,090 +21% 12,001 01 Jul 2022 Direct F3
transaction SM Common Stock, $.01 Par Value Tax liability $20,685 -605 -5% $34.19 11,396 01 Jul 2022 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +1,502 +13% 12,898 01 Jul 2022 Direct F4
transaction SM Common Stock, $.01 Par Value Tax liability $14,873 -435 -3.4% $34.19 12,463 01 Jul 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SM Restricted Stock Units Options Exercise -1,353 -100% 0 01 Jul 2022 Common Stock, $.01 Par Value 1,353 Direct F2
transaction SM Restricted Stock Units Options Exercise -2,090 -50% 2,091 01 Jul 2022 Common Stock, $.01 Par Value 2,090 Direct F3
transaction SM Restricted Stock Units Options Exercise -1,502 -33% 3,006 01 Jul 2022 Common Stock, $.01 Par Value 1,502 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person purchased 560 shares of the Issuer's common stock on June 30, 2022, through the Issuer's Employee Stock Purchase Plan.
F2 Each restricted stock unit represents a contingent right to receive one share of stock. The restricted stock unit grant vests in three equal annual installments beginning on July 1, 2020. The vested shares will be issued to the Reporting Person on the vesting dates, at which time all restrictions on the vested shares will lapse.
F3 Each restricted stock unit represents a contingent right to receive one share of stock. The restricted stock unit grant vests in three equal installments on December 14, 2021, July 1, 2022 and July 1, 2023. The vested shares will be issued to the Reporting Person on the vesting dates, at which time all restrictions on the vested shares will lapse.
F4 Each restricted stock unit represents a contingent right to receive one share of stock. The restricted stock unit grant vests in three equal annual installments beginning on July 1, 2022. The vested shares will be issued to the Reporting Person on the vesting dates, at which time all restrictions on the vested shares will lapse.