SM Energy Co — Director's Dealing 2012

Feb 29, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SM Energy Co (SM)
CIK: 0000893538
Period of Report: 2012-02-27

Reporting Person: Veatch Paul M (Sr. VP & Regional Manager)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-30	Common Stock; $.01 Par Value	J	125	$62.135	Acquired	16305	Direct
2012-02-27	Common Stock; $.01 Par Value	S	16305	$82.8279	Disposed	0	Direct

Footnotes

F1: The reporting person purchased 125 shares of the issuer's common stock on December 30, 2011, through the issuer's Employee Stock Purchase Plan.

F2: The price reflects an average of multiple transaction prices ranging from $82.32 to $83.20.