SM Energy Co — Director's Dealing 2012

Jun 5, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SM Energy Co (SM)
CIK: 0000893538
Period of Report: 2012-06-01

Reporting Person: BAUMANN BARBARA M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-01	Common Stock; $.01 Par Value	M	4462	$12.50	Acquired	40486	Direct
2012-06-01	Common Stock; $.01 Par Value	S	4462	$52.0607	Disposed	36024	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-06-01	Stock Options (Right-To-Buy)	$12.50	M	4462	Disposed	2012-12-31	Common Stock (4462)	Direct

Footnotes

F1: The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 8, 2012.

F2: The price reflects an average of multiple transaction prices ranging from $51.66 to $52.21.

F3: The stock options vested in four equal annual installments beginning on December 31, 2002.