Kenneth J. Knott - Dec 14, 2021 Form 4 Insider Report for SM Energy Co (SM)

Role
SVP - Bus Dev & Land
Signature
Andrew T. Fiske (Attorney-in-Fact)
Stock symbol
SM
Transactions as of
Dec 14, 2021
Transactions value $
-$56,346
Form type
4
Date filed
12/16/2021, 04:21 PM
Previous filing
Sep 3, 2021
Next filing
Jul 6, 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 +7.66K +9.82% 85.7K Dec 14, 2021 Direct F1
transaction SM Common Stock, $.01 Par Value Tax liability -$56.3K -1.87K -2.18% $30.18 83.8K Dec 14, 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 -7.66K -33.33% 15.3K Dec 14, 2021 Common Stock, $.01 Par Value 7.66K Direct F1
* 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.