Patrick A. Lytle - Jul 1, 2022 Form 4 Insider Report for SM Energy Co (SM)

Role
VP - Chief Accounting Officer
Signature
Andrew T. Fiske (Attorney-in-Fact)
Stock symbol
SM
Transactions as of
Jul 1, 2022
Transactions value $
-$34,926
Form type
4
Date filed
7/6/2022, 05:19 PM
Previous filing
Mar 10, 2022
Next filing
Aug 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SM Common Stock, $.01 Par Value Other $14K +560 +6.67% $25.06 8.95K Jun 30, 2022 Direct F1
transaction SM Common Stock, $.01 Par Value Options Exercise +1.35K +15.12% 10.3K Jul 1, 2022 Direct F2
transaction SM Common Stock, $.01 Par Value Tax liability -$13.4K -392 -3.8% $34.19 9.91K Jul 1, 2022 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +2.09K +21.09% 12K Jul 1, 2022 Direct F3
transaction SM Common Stock, $.01 Par Value Tax liability -$20.7K -605 -5.04% $34.19 11.4K Jul 1, 2022 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +1.5K +13.18% 12.9K Jul 1, 2022 Direct F4
transaction SM Common Stock, $.01 Par Value Tax liability -$14.9K -435 -3.37% $34.19 12.5K Jul 1, 2022 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 -1.35K -100% 0 Jul 1, 2022 Common Stock, $.01 Par Value 1.35K Direct F2
transaction SM Restricted Stock Units Options Exercise -2.09K -49.99% 2.09K Jul 1, 2022 Common Stock, $.01 Par Value 2.09K Direct F3
transaction SM Restricted Stock Units Options Exercise -1.5K -33.32% 3.01K Jul 1, 2022 Common Stock, $.01 Par Value 1.5K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person purchased 560 shares of the Issuer's common stock on June 30, 2022, 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, 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.
F3 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 December 14, 2021, July 1, 2022 and July 1, 2023. 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.
F4 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, 2022. 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.