Herbert S. Vogel - 01 Jul 2024 Form 4 Insider Report for SM Energy Co (SM)

Role
President & CEO, Director
Signature
Andrew T. Fiske (Attorney-in-Fact)
Issuer symbol
SM
Transactions as of
01 Jul 2024
Transactions value $
-$1,114,498
Form type
4
Filing time
03 Jul 2024, 16:15:57 UTC
Previous filing
17 May 2024
Next filing
26 Jul 2024
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 Other $12.6K +384 +0.08% $32.91 455K 28 Jun 2024 Direct F1
transaction SM Common Stock, $.01 Par Value Options Exercise +20.9K +4.6% 476K 01 Jul 2024 Direct F2
transaction SM Common Stock, $.01 Par Value Tax liability -$395K -9.15K -1.92% $43.23 467K 01 Jul 2024 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +17.6K +3.77% 484K 01 Jul 2024 Direct F3
transaction SM Common Stock, $.01 Par Value Tax liability -$333K -7.7K -1.59% $43.23 477K 01 Jul 2024 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +21.1K +4.42% 498K 01 Jul 2024 Direct F4
transaction SM Common Stock, $.01 Par Value Tax liability -$399K -9.22K -1.85% $43.23 488K 01 Jul 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 -20.9K -100% 0 01 Jul 2024 Common Stock, $.01 Par Value 20.9K Direct F2
transaction SM Restricted Stock Units Options Exercise -17.6K -50% 17.6K 01 Jul 2024 Common Stock, $.01 Par Value 17.6K Direct F3
transaction SM Restricted Stock Units Options Exercise -21.1K -33.33% 42.2K 01 Jul 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.