SM Energy Co — Director's Dealing 2011

Nov 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SM Energy Co (SM)
CIK: 0000893538
Period of Report: 2011-11-08

Reporting Person: SEIDL JOHN M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-08	Common Stock; $.01 Par Value	S	5000	$82.0752	Disposed	13370	Direct
2011-11-08	Common Stock; $.01 Par Value	S	5000	$82.75	Disposed	8370	Direct

Footnotes

F1: The price reflects an average of multiple transaction prices ranging from $81.97 to $82.15.

F2: The price reflects an average of multiple transaction prices ranging from $82.64 to $82.93.