Mary Ellen Lutey - Aug 2, 2022 Form 4 Insider Report for SM Energy Co (SM)

Signature
Andrew T. Fiske (Attorney-in-Fact)
Stock symbol
SM
Transactions as of
Aug 2, 2022
Transactions value $
$0
Form type
4
Date filed
8/2/2022, 04:44 PM
Previous filing
Jul 6, 2022
Next filing
Sep 2, 2022

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 Award $0 +9.54K $0.00 9.54K Aug 2, 2022 Common Stock, $.01 Par Value 9.54K Direct F1
transaction SM Restricted Stock Units Award $0 +3.67K $0.00 3.67K Aug 2, 2022 Common Stock, $.01 Par Value 3.67K By Spouse F2, F3
* 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 annual installments beginning on 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.
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, 2023. The vested shares will be issued to the Reporting Person's spouse on the vesting dates, at which time all restrictions on the vested shares will lapse.
F3 The Reporting Person's spouse is also employed by the Issuer and is eligible to earn grants of restricted stock units.