Mary Ellen Lutey - Jul 24, 2023 Form 4 Insider Report for SM Energy Co (SM)

Role
SVP - Expl., Development & EHS
Signature
Andrew T. Fiske (Attorney-in-Fact)
Stock symbol
SM
Transactions as of
Jul 24, 2023
Transactions value $
$0
Form type
4
Date filed
7/24/2023, 04:27 PM
Previous filing
Jul 6, 2023
Next filing
Mar 5, 2024

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 +11.9K $0.00 11.9K Jul 24, 2023 Common Stock, $.01 Par Value 11.9K Direct F1
transaction SM Restricted Stock Units Award $0 +3.95K $0.00 3.95K Jul 24, 2023 Common Stock, $.01 Par Value 3.95K 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, 2024. 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, 2024. 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.