Herbert S. Vogel - Jul 1, 2024 Form 4 Insider Report for SM Energy Co (SM)

Signature
Andrew T. Fiske (Attorney-in-Fact)
Stock symbol
SM
Transactions as of
Jul 1, 2024
Transactions value $
-$1,114,498
Form type
4
Date filed
7/3/2024, 04:15 PM
Previous filing
May 17, 2024
Next filing
Jul 26, 2024

Transactions Table

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 -20.9K -100% 0 Jul 1, 2024 Common Stock, $.01 Par Value 20.9K Direct F2
transaction SM Restricted Stock Units Options Exercise -17.6K -50% 17.6K Jul 1, 2024 Common Stock, $.01 Par Value 17.6K Direct F3
transaction SM Restricted Stock Units Options Exercise -21.1K -33.33% 42.2K Jul 1, 2024 Common Stock, $.01 Par Value 21.1K 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 384 shares of the Issuer's common stock on June 28, 2024, 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 three equal annual installments beginning on July 1, 2022. The vested shares were issued to the Reporting Person on the vesting dates, at which time all restrictions on the vested shares lapsed.
F3 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 on January 1, 2023. 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.
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 on 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.