Herbert S. Vogel - Jul 1, 2022 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, 2022
Transactions value $
-$1,835,911
Form type
4
Date filed
7/6/2022, 05:20 PM
Previous filing
Jan 18, 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 Gift $0 -5K -1.92% $0.00 256K May 5, 2022 Direct
transaction SM Common Stock, $.01 Par Value Other $11.5K +458 +0.18% $25.06 256K Jun 30, 2022 Direct F1
transaction SM Common Stock, $.01 Par Value Options Exercise +20K +7.81% 276K Jul 1, 2022 Direct F2
transaction SM Common Stock, $.01 Par Value Tax liability -$300K -8.78K -3.18% $34.19 267K Jul 1, 2022 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +16.4K +6.13% 284K Jul 1, 2022 Direct F3
transaction SM Common Stock, $.01 Par Value Tax liability -$246K -7.2K -2.54% $34.19 277K Jul 1, 2022 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +65.8K +23.78% 342K Jul 1, 2022 Direct F4
transaction SM Common Stock, $.01 Par Value Tax liability -$987K -28.9K -8.44% $34.19 313K Jul 1, 2022 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +20.9K +6.67% 334K Jul 1, 2022 Direct F5
transaction SM Common Stock, $.01 Par Value Tax liability -$314K -9.18K -2.75% $34.19 325K 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 -20K -100% 0 Jul 1, 2022 Common Stock, $.01 Par Value 20K Direct F2
transaction SM Restricted Stock Units Options Exercise -16.4K -100% 0 Jul 1, 2022 Common Stock, $.01 Par Value 16.4K Direct F3
transaction SM Restricted Stock Units Options Exercise -65.8K -50% 65.8K Jul 1, 2022 Common Stock, $.01 Par Value 65.8K Direct F4
transaction SM Restricted Stock Units Options Exercise -20.9K -33.33% 41.8K Jul 1, 2022 Common Stock, $.01 Par Value 20.9K Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person purchased 458 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 award was made on June 10, 2019 in connection with the Reporting Person's appointment to the position of Executive Vice President and Chief Operating Officer, and vested in its entirety on July 1, 2022.
F3 Each restricted stock unit represents a contingent right to receive one share of stock. The restricted stock unit grant vested in three equal annual installments beginning on July 1, 2020. The vested shares were issued to the Reporting Person on the vesting dates, at which time all restrictions on the vested shares lapsed.
F4 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.
F5 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.