Lehman E. Newton III - 01 Jul 2022 Form 4 Insider Report for SM Energy Co (SM)

Role
SVP - Operations
Signature
Andrew T. Fiske (Attorney-in-Fact)
Issuer symbol
SM
Transactions as of
01 Jul 2022
Net transactions value
-$111,748
Form type
4
Filing time
06 Jul 2022, 17:23:48 UTC
Previous filing
16 Dec 2021
Next filing
02 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SM Common Stock, $.01 Par Value Other $21,251 +848 +0.69% $25.06 123,231 30 Jun 2022 Direct F1
transaction SM Common Stock, $.01 Par Value Options Exercise +4,190 +3.4% 127,421 01 Jul 2022 Direct F2
transaction SM Common Stock, $.01 Par Value Tax liability $34,942 -1,022 -0.8% $34.19 126,399 01 Jul 2022 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +8,012 +6.3% 134,411 01 Jul 2022 Direct F3
transaction SM Common Stock, $.01 Par Value Tax liability $66,739 -1,952 -1.5% $34.19 132,459 01 Jul 2022 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +3,756 +2.8% 136,215 01 Jul 2022 Direct F4
transaction SM Common Stock, $.01 Par Value Tax liability $31,318 -916 -0.67% $34.19 135,299 01 Jul 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 -4,190 -100% 0 01 Jul 2022 Common Stock, $.01 Par Value 4,190 Direct F2
transaction SM Restricted Stock Units Options Exercise -8,012 -50% 8,014 01 Jul 2022 Common Stock, $.01 Par Value 8,012 Direct F3
transaction SM Restricted Stock Units Options Exercise -3,756 -33% 7,514 01 Jul 2022 Common Stock, $.01 Par Value 3,756 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 848 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 vested in six equal biannual installments beginning January 1, 2020. The vested shares will be issued to the Reporting Person on the earlier of such Reporting Person's retirement from the Issuer or July 1 of the applicable year, 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 vested in six equal installments on July 1, 2021, December 14, 2021, January 1, 2022, July 1, 2022, January 1, 2023 and July 1, 2023. The vested shares will be issued to the reporting person on the earlier of such person's retirement from the issuer or July 1 of the applicable year, 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 six equal biannual installments beginning January 1, 2022. The vested shares will be issued to the Reporting Person on the earlier of such Reporting Person's retirement from the Issuer or July 1 of the applicable year, at which time all restrictions on the vested shares will lapse.