SM Energy Co — Director's Dealing 2020

Dec 22, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SM Energy Co (SM)
CIK: 0000893538
Period of Report: 2020-12-21

Reporting Person: Lutey Mary Ellen (SVP - Expl., Development & EHS)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-21	Restricted Stock Units	$	A	24038	Acquired		Common Stock, $.01 Par Value (24038.0)	Direct
2020-12-21	Restricted Stock Units	$	A	9615	Acquired		Common Stock, $.01 Par Value (9615.0)	Indirect

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of stock. The restricted stock unit grant vests in three equal installments on December 14, 2021, July 1, 2022, and July 1, 2023. 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.

F2: Each restricted stock unit represents a contingent right to receive one share of stock. The restricted stock unit grant vests in three equal installments on December 14, 2021, July 1, 2022 and July 1, 2023. The vested shares will be issued to the Reporting Person's spouse on the vesting dates, at which time all restrictions on the vested shares will lapse.

F3: The Reporting Person's spouse is also employed by the Issuer and is eligible to earn grants of restricted stock units.