Mary Ellen Lutey - Dec 14, 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
Dec 14, 2021
Transactions value $
-$97,874
Form type
4
Date filed
12/16/2021, 04:12 PM
Previous filing
Sep 3, 2021
Next filing
Mar 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SM Common Stock, $.01 Par Value Options Exercise +8.01K +10.47% 84.6K Dec 14, 2021 Direct F1
transaction SM Common Stock, $.01 Par Value Tax liability -$69.9K -2.32K -2.74% $30.18 82.3K Dec 14, 2021 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +3.21K +7.61% 45.3K Dec 14, 2021 By Spouse F2, F3
transaction SM Common Stock, $.01 Par Value Tax liability -$28K -927 -2.05% $30.18 44.4K Dec 14, 2021 By Spouse F3

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 -8.01K -33.33% 16K Dec 14, 2021 Common Stock, $.01 Par Value 8.01K Direct F1
transaction SM Restricted Stock Units Options Exercise -3.21K -33.33% 6.41K Dec 14, 2021 Common Stock, $.01 Par Value 3.21K 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 beginning on December 14, 2021. 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 beginning on December 14, 2021. 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 receive grants of restricted stock units.