SM Energy Co - Director's Dealing 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SM Energy Co (SM)
CIK: 0000893538
Period of Report: 2013-08-12

Reporting Person: GARDINER WILLIAM J (Director)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-08-12	Common Stock; $.01 Par Value	M	11428	$14.25	Acquired	64102	Direct
2013-08-12	Common Stock; $.01 Par Value	S	11428	$67.9511	Disposed	52674	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-08-12	Stock Option (Right-to-Buy)	$14.25	M	11428	Disposed	2013-12-31	Common Stock (11428)	Direct

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 12, 2013.

F2: The options vested in four equal installments on December 31, 2003, 2004, 2005, and 2006.

F3: The price reflects an average of multiple transaction prices ranging from $67.58 to $68.48.