Mary Ellen Lutey - Aug 2, 2021 Form 4 Insider Report for SM Energy Co (SM)

Role
SVP - Expl., Development & EHS
Signature
Andrew T. Fiske (Attorney-in-Fact)
Stock symbol
SM
Transactions as of
Aug 2, 2021
Transactions value $
$0
Form type
4
Date filed
8/3/2021, 04:45 PM
Previous filing
Jul 6, 2021
Next filing
Sep 3, 2021

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 Award $0 +11.3K $0.00 11.3K Aug 2, 2021 Common Stock, $.01 Par Value 11.3K Direct F1
transaction SM Restricted Stock Units Award $0 +4.51K $0.00 4.51K Aug 2, 2021 Common Stock, $.01 Par Value 4.51K By Spouse F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 July 1, 2022, July 1, 2023, and July 1, 2024. 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.
F2 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 July 1, 2022, July 1, 2023, and July 1, 2024. The vested shares will be issued to the Reporting Person's spouse on the vesting dates, at which time all restrictions on the vested shares will lapse.
F3 The Reporting Person's spouse is also employed by the Issuer and is eligible to earn grants of restricted stock units.