CHRISTOPHER W. LACY - 22 Feb 2022 Form 4 Insider Report for SOUTHWESTERN ENERGY CO

Role: VP-General Counsel & Secretary
Signature: /s/ Sara Tate, attorney-in-fact for Mr. Lacy
Issuer symbol: N/A
Transactions as of: 22 Feb 2022
Net transactions value: -$96,383
Form type: 4
Filing time: 28 Feb 2022, 16:01:01 UTC
Next filing: 24 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SWN	Common Stock	Options Exercise	$0	+10,417	+61%	$0.000000	27,481	26 Feb 2022	Direct
transaction	SWN	Common Stock	Disposed to Issuer	$51,668	-10,417	-38%	$4.96	17,064	26 Feb 2022	Direct	F1
transaction	SWN	Common Stock	Options Exercise	$0	+9,015	+53%	$0.000000	26,079	27 Feb 2022	Direct
transaction	SWN	Common Stock	Disposed to Issuer	$44,714	-9,015	-35%	$4.96	17,064	27 Feb 2022	Direct	F1

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	SWN	Restricted Stock Unit	Award	$0	+78,300		$0.000000	78,300	22 Feb 2022	Common Stock	78,300		Direct	F2, F3
transaction	SWN	Restricted Stock Unit	Options Exercise	$0	-10,417	-50%	$0.000000	10,418	26 Feb 2022	Common Stock	10,417		Direct	F2, F4
transaction	SWN	Restricted Stock Unit	Options Exercise	$0	-9,015	-100%	$0.000000^*	0	27 Feb 2022	Common Stock	9,015		Direct	F2, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit ("RSU") has the economic equivalent of one share of Southwestern Energy Company ("SWN") common stock. The RSUs vesting on February 26, 2022 and February 27, 2022 were settled in cash based on the closing price of SWN common stock on February 25, 2022.
F2	Each restricted stock unit represents a contingent right to receive one share of SWN common stock or an amount in cash equal to the Fair Market Value of one share of SWN common stock.
F3	On February 22, 2022, the reporting person was granted restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date, or immediately upon death, disability, retirement at age 65 with required years of service, or a change in control. Vesting units will be settled in shares of SWN common stock, cash, or a combination of shares of SWN common stock and cash.
F4	On February 26, 2019, the reporting person was granted restricted stock units, vesting in four equal installments beginning on the first anniversary of the grant date, or immediately upon death, disability, retirement at age 65 with the required years of service, or a change in control. Vesting RSUs will be settled in shares of SWN common stock, cash, or a combination of shares of SWN common stock and cash.
F5	On February 27, 2018, the reporting person was granted RSUs, vesting in four equal installments beginning on the first anniversary of the grant date, or immediately upon death, disability, retirement at age 65 with required years of service, or a change in control. Vesting RSUs will be settled in shares of SWN common stock, cash, or a combination of shares of SWN common stock and cash.