Julie Gray - Jul 24, 2023 Form 4 Insider Report for SM Energy Co (SM)

Role: Vice President Marketing
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, 04:49 PM
Previous filing: Jul 7, 2023
Next filing: Jul 3, 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	+3.95K		$0.00	3.95K	Jul 24, 2023	Common Stock, $.01 Par Value	3.95K		Direct	F1

* 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 six equal biannual installments beginning January 1, 2024. 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.

Content

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, 2024. 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.