SM Energy Co — Director's Dealing 2012

Jul 12, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SM Energy Co (SM)
CIK: 0000893538
Period of Report: 2012-07-11

Reporting Person: Zubieta Dennis A. (VP-Engineering & Evaluation)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-07-11	Common Stock; $.01 Par Value	M	786	$13.65	Acquired	18593	Direct
2012-07-11	Common Stock; $.01 Par Value	M	2400	$13.65	Acquired	20993	Direct
2012-07-11	Common Stock; $.01 Par Value	M	2508	$12.66	Acquired	23501	Direct
2012-07-11	Common Stock; $.01 Par Value	M	470	$13.39	Acquired	23971	Direct
2012-07-11	Common Stock; $.01 Par Value	M	2976	$14.25	Acquired	26947	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-07-11	Stock Options (Right to Buy)	$13.65	M	786	Disposed	2013-06-30	Common Stock (786)	Direct
2012-07-11	Stock Options (Right to Buy)	$13.65	M	2400	Disposed	2013-06-30	Common Stock (2400)	Direct
2012-07-11	Stock Options (Right to Buy)	$12.66	M	2508	Disposed	2013-09-30	Common Stock (2508)	Direct
2012-07-11	Stock Options (Right to Buy)	$13.39	M	470	Disposed	2013-10-22	Common Stock (470)	Direct
2012-07-11	Stock Options (Right to Buy)	$14.25	M	2976	Disposed	2013-12-31	Common Stock (2976)	Direct

Footnotes

F1: The stock options vested as follows: 197 shares on June 30, 2003, 197 shares on September 30, 2003, 196 shares on September 30, 2004, and 196 on September 30, 2005.

F2: The stock options vested as follows: 600 shares on June 30, 2003, and 600 shares on September 30, 2003, 2004, and 2005.

F3: The stock options vested in four equal annual installments beginning on September 30, 2003.

F4: The stock options vested as follows: 118 shares on October 22, 2003, 118 shares on September 30, 2004, 117 shares on September 30, 2005, and 117 shares on September 30, 2006.

F5: The stock options vested as follows: 744 shares on December 31, 2003, and 744 shares on September 30, 2004, 2005, and 2006.