Herbert S. Vogel - Jul 1, 2021 Form 4 Insider Report for SM Energy Co (SM)

Role
President & CEO, Director
Signature
Andrew T. Fiske (Attorney-in-Fact)
Stock symbol
SM
Transactions as of
Jul 1, 2021
Transactions value $
-$152,700
Form type
4
Date filed
7/6/2021, 06:18 PM
Next filing
Aug 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SM Common Stock, $.01 Par Value Other $10.2K +1.96K +1.12% $5.20* 177K Jun 30, 2021 Direct F1
transaction SM Common Stock, $.01 Par Value Options Exercise +6.49K +3.66% 184K Jul 1, 2021 Direct F2
transaction SM Common Stock, $.01 Par Value Tax liability -$46.2K -1.88K -1.02% $24.63 182K Jul 1, 2021 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +16.4K +9.01% 198K Jul 1, 2021 Direct F3
transaction SM Common Stock, $.01 Par Value Tax liability -$117K -4.74K -2.39% $24.63 194K Jul 1, 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 -6.49K -100% 0 Jul 1, 2021 Common Stock, $.01 Par Value 6.49K Direct F2
transaction SM Restricted Stock Units Options Exercise -16.4K -50% 16.4K Jul 1, 2021 Common Stock, $.01 Par Value 16.4K 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 1,962 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.