SM Energy Co — Director's Dealing 2013

Jul 3, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SM Energy Co (SM)
CIK: 0000893538
Period of Report: 2013-07-01

Reporting Person: Copeland David W (EVP, GC & Corp. Sec.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-06-28	Common Stock; $.01 Par Value	J	478	$44.38	Acquired	39042	Direct
2013-07-01	Common Stock; $.01 Par Value	M	3878	—	Acquired	42920	Direct
2013-07-01	Common Stock; $.01 Par Value	F	1241	$59.98	Disposed	41679	Direct
2013-07-01	Common Stock; $.01 Par Value	M	377	—	Acquired	42056	Direct
2013-07-01	Common Stock; $.01 Par Value	F	121	$59.98	Disposed	41935	Direct
2013-07-01	Common Stock; $.01 Par Value	M	933	—	Acquired	42868	Direct
2013-07-01	Common Stock; $.01 Par Value	F	299	$59.98	Disposed	42569	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-07-01	Restricted Stock Units	$	M	3878	Disposed	2013-07-01	Common Stock (3878)	Direct
2013-07-01	Restricted Stock Units	$	M	377	Disposed	2013-07-01	Common Stock (377)	Direct
2013-07-01	Restricted Stock Units	$	M	933	Disposed	2013-07-01	Common Stock (933)	Direct

Footnotes

F1: The reporting person purchased 478 shares of the issuer's common stock on June 28, 2013, through the issuer's Employee Stock Purchase Plan.

F2: Each restricted stock unit represents a contingent right to receive one share of stock. The restricted stock unit grant vested over a three-year period, with 1/7th vesting on July 1, 2011, 2/7th vesting on July 2, 2012, and 4/7th vesting on July 1, 2013. The vested shares were issued to the reporting person on the vesting dates, at which time all restrictions on the vested shares lapsed.

F3: Each restricted stock unit represents a contingent right to receive one share of stock. The restricted stock unit grant vests over a three-year period, with 1/7th vesting on July 2, 2012, 2/7th vesting on July 1, 2013, and 4/7th vesting on July 1, 2014. The vested shares will be issued to the reporting person on the vesting dates, at which time all restrictions on the vested shares will lapse.

F4: Each restricted stock unit represents a contingent right to receive one share of stock. The restricted stock unit grant vests in three equal annual installments beginning on July 1, 2013. The vested shares will be issued to the reporting person on the vesting dates, at which time all restrictions on the vested shares will lapse.