A. Wade Pursell - Jul 1, 2024 Form 4 Insider Report for SM Energy Co (SM)

Role
EVP & CFO
Signature
Andrew T. Fiske (Attorney-in-Fact)
Stock symbol
SM
Transactions as of
Jul 1, 2024
Transactions value $
-$646,766
Form type
4
Date filed
7/3/2024, 04:16 PM
Previous filing
Mar 6, 2024
Next filing
Jul 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SM Common Stock, $.01 Par Value Other $2.76K +84 +0.02% $32.91 373K Jun 28, 2024 Direct F1
transaction SM Common Stock, $.01 Par Value Options Exercise +13.1K +3.5% 386K Jul 1, 2024 Direct F2
transaction SM Common Stock, $.01 Par Value Tax liability -$247K -5.72K -1.48% $43.23 381K Jul 1, 2024 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +10.5K +2.76% 391K Jul 1, 2024 Direct F3
transaction SM Common Stock, $.01 Par Value Tax liability -$178K -4.12K -1.05% $43.23 387K Jul 1, 2024 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +11.9K +3.06% 399K Jul 1, 2024 Direct F4
transaction SM Common Stock, $.01 Par Value Tax liability -$224K -5.19K -1.3% $43.23 394K Jul 1, 2024 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 -13.1K -100% 0 Jul 1, 2024 Common Stock, $.01 Par Value 13.1K Direct F2
transaction SM Restricted Stock Units Options Exercise -10.5K -50% 10.5K Jul 1, 2024 Common Stock, $.01 Par Value 10.5K Direct F3
transaction SM Restricted Stock Units Options Exercise -11.9K -33.33% 23.7K Jul 1, 2024 Common Stock, $.01 Par Value 11.9K 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 84 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 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 three equal annual installments beginning 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.
F4 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.