A. WADE PURSELL - 01 Jul 2024 Form 4 Insider Report for SM Energy Co (SM)

Role
EVP & CFO
Signature
Andrew T. Fiske (Attorney-in-Fact)
Issuer symbol
SM
Transactions as of
01 Jul 2024
Net transactions value
-$646,766
Form type
4
Filing time
03 Jul 2024, 16:16:40 UTC
Previous filing
06 Mar 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 $2,764 +84 +0.02% $32.91 373,169 28 Jun 2024 Direct F1
transaction SM Common Stock, $.01 Par Value Options Exercise +13,067 +3.5% 386,236 01 Jul 2024 Direct F2
transaction SM Common Stock, $.01 Par Value Tax liability $247,146 -5,717 -1.5% $43.23 380,519 01 Jul 2024 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +10,514 +2.8% 391,033 01 Jul 2024 Direct F3
transaction SM Common Stock, $.01 Par Value Tax liability $178,108 -4,120 -1.1% $43.23 386,913 01 Jul 2024 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +11,856 +3.1% 398,769 01 Jul 2024 Direct F4
transaction SM Common Stock, $.01 Par Value Tax liability $224,277 -5,188 -1.3% $43.23 393,581 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 -13,067 -100% 0 01 Jul 2024 Common Stock, $.01 Par Value 13,067 Direct F2
transaction SM Restricted Stock Units Options Exercise -10,514 -50% 10,515 01 Jul 2024 Common Stock, $.01 Par Value 10,514 Direct F3
transaction SM Restricted Stock Units Options Exercise -11,856 -33% 23,711 01 Jul 2024 Common Stock, $.01 Par Value 11,856 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.