Lehman E. Newton III - Jul 1, 2022 Form 4 Insider Report for SM Energy Co (SM)

Role
SVP - Operations
Signature
Andrew T. Fiske (Attorney-in-Fact)
Stock symbol
SM
Transactions as of
Jul 1, 2022
Transactions value $
-$111,748
Form type
4
Date filed
7/6/2022, 05:23 PM
Previous filing
Dec 16, 2021
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 $21.3K +848 +0.69% $25.06 123K Jun 30, 2022 Direct F1
transaction SM Common Stock, $.01 Par Value Options Exercise +4.19K +3.4% 127K Jul 1, 2022 Direct F2
transaction SM Common Stock, $.01 Par Value Tax liability -$34.9K -1.02K -0.8% $34.19 126K Jul 1, 2022 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +8.01K +6.34% 134K Jul 1, 2022 Direct F3
transaction SM Common Stock, $.01 Par Value Tax liability -$66.7K -1.95K -1.45% $34.19 132K Jul 1, 2022 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +3.76K +2.84% 136K Jul 1, 2022 Direct F4
transaction SM Common Stock, $.01 Par Value Tax liability -$31.3K -916 -0.67% $34.19 135K 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 -4.19K -100% 0 Jul 1, 2022 Common Stock, $.01 Par Value 4.19K Direct F2
transaction SM Restricted Stock Units Options Exercise -8.01K -49.99% 8.01K Jul 1, 2022 Common Stock, $.01 Par Value 8.01K Direct F3
transaction SM Restricted Stock Units Options Exercise -3.76K -33.33% 7.51K Jul 1, 2022 Common Stock, $.01 Par Value 3.76K 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.