SM Energy Co — Director's Dealing 2017

Jul 6, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SM Energy Co (SM)
CIK: 0000893538
Period of Report: 2017-07-03

Reporting Person: Knott Kenneth J. (SVP-Bus Dv & Land & Asst Sec)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-30	Common Stock: $.01 Par Value	J	157	$23.868	Acquired	43574	Direct
2017-06-30	Common Stock: $.01 Par Value	J	725	$14.05	Acquired	44299	Direct
2017-07-03	Common Stock: $.01 Par Value	M	341	—	Acquired	44640	Direct
2017-07-03	Common Stock: $.01 Par Value	F	94	$16.53	Disposed	44546	Direct
2017-07-03	Common Stock: $.01 Par Value	M	572	—	Acquired	45118	Direct
2017-07-03	Common Stock: $.01 Par Value	F	157	$16.53	Disposed	44961	Direct
2017-07-03	Common Stock: $.01 Par Value	M	831	—	Acquired	45792	Direct
2017-07-03	Common Stock: $.01 Par Value	F	228	$16.53	Disposed	45564	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-07-03	Restricted Stock Units	$	M	341	Disposed		Common Stock (341.0)	Direct
2017-07-03	Restricted Stock Units	$	M	572	Disposed		Common Stock (572.0)	Direct
2017-07-03	Restricted Stock Units	$	M	831	Disposed		Common Stock (831.0)	Direct

Footnotes

F1: The reporting person purchased 157 shares of the issuer's common stock on December 30, 2016, through the issuer's Employee Stock Purchase Plan.

F2: The reporting person purchased 725 shares of the issuer's common stock on June 30, 2017, through the issuer's Employee Stock Purchase Plan.

F3: Each restricted stock unit represents a contingent right to receive one share of stock. The restricted stock unit grant vested in three equal annual installments beginning on July 1, 2015. The vested shares were issued to the reporting person on the vesting dates, at which time all restrictions on the vested shares lapsed.

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, 2016. 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.

F5: 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, 2017. 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.