Form 4 for SM SM Energy Co

Accepted 2022-09-02 00:00:00 ET · period of report 2022-09-01 · accession 0000893538-22-000121 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2022-09-02	2022-09-01	SM	Vogel Herbert S	Pres, CEO, Dir	M - OptEx	—	+147.5K	472.7K	+45%	—
	2022-09-02	2022-09-01	SM	Vogel Herbert S	Pres, CEO, Dir	F - Tax	$44.07	-64.8K	407.9K	-14%	-$2.85M

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock, $.01 Par Value	2022-09-01	M	A	147,540	—	472,721	D	—	—	(F1) On September 1, 2022, the Compensation Committee of the Board of Directors of the Issuer determined that 147,540 shares of the Issuer's common stock had been earned by the Reporting Person under the terms of a grant of performance share units ("PSUs"), based on the achievement of specific performance criteria that were not tied solely to the market price of the Issuer's common stock. The PSUs were granted to the Reporting Person on July 1, 2019, and represent the right to receive, upon the settlement of the PSUs, the determined number of earned shares of the Issuer's common stock based on the achievement of the performance criteria over a three-year performance period (with the determined number of earned shares being within a range of zero to two times the number of PSUs granted on the award date), to the extent that the PSUs have vested under separate employment service vesting provisions. The PSUs were fully vested on July 1, 2022.
2	Common	Common Stock, $.01 Par Value	2022-09-01	F	D	64,771	$44.07	407,950	D	—	—