Kenneth J. Knott - 01 Jul 2021 Form 4 Insider Report for SM Energy Co (SM)

Role
SVP - Bus Dev & Land
Signature
Andrew T. Fiske (Attorney-in-Fact)
Issuer symbol
SM
Transactions as of
01 Jul 2021
Net transactions value
-$19,807
Form type
4
Filing time
06 Jul 2021, 18:13:21 UTC
Previous filing
24 Jun 2021
Next filing
03 Aug 2021
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 $13,000 +2,500 +4.1% $5.20* 63,430 30 Jun 2021 Direct F1
transaction SM Common Stock, $.01 Par Value Options Exercise +1,460 +2.3% 64,890 01 Jul 2021 Direct F2
transaction SM Common Stock, $.01 Par Value Tax liability $8,768 -356 -0.55% $24.63 64,534 01 Jul 2021 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +4,007 +6.2% 68,541 01 Jul 2021 Direct F3
transaction SM Common Stock, $.01 Par Value Tax liability $24,039 -976 -1.4% $24.63 67,565 01 Jul 2021 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 -1,460 -100% 0 01 Jul 2021 Common Stock, $.01 Par Value 1,460 Direct F2
transaction SM Restricted Stock Units Options Exercise -4,007 -50% 4,008 01 Jul 2021 Common Stock, $.01 Par Value 4,007 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person purchased 2,500 shares of the Issuer's common stock on June 30, 2021, 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, 2019. 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 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.