Lehman E. Newton III - 14 Dec 2021 Form 4 Insider Report for SM Energy Co (SM)

Role
SVP - Operations
Signature
Andrew T. Fiske (Attorney-in-Fact)
Issuer symbol
SM
Transactions as of
14 Dec 2021
Transactions value $
-$58,911
Form type
4
Filing time
16 Dec 2021, 16:07:00 UTC
Previous filing
03 Sep 2021
Next filing
06 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SM Common Stock, $.01 Par Value Options Exercise +8.01K +6.89% 124K 14 Dec 2021 Direct F1
transaction SM Common Stock, $.01 Par Value Tax liability -$58.9K -1.95K -1.57% $30.18 122K 14 Dec 2021 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 -8.01K -33.33% 16K 14 Dec 2021 Common Stock, $.01 Par Value 8.01K 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 installments beginning July 1, 2021. The vested shares will be issued to the reporting person on the earlier of such person's retirement from the issuer or July 1 of the applicable year, at which time all restrictions on the vested shares will lapse.