SM Energy Co — Director's Dealing 2021

Jul 7, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SM Energy Co (SM)
CIK: 0000893538
Period of Report: 2021-07-01

Reporting Person: Copeland David W (EVP & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-30	Common Stock, $.01 Par Value	J	2500	$5.20	Acquired	203635	Direct
2021-07-01	Common Stock, $.01 Par Value	M	2758	—	Acquired	206393	Direct
2021-07-01	Common Stock, $.01 Par Value	F	672	$24.63	Disposed	205721	Direct
2021-07-01	Common Stock, $.01 Par Value	M	6922	—	Acquired	212643	Direct
2021-07-01	Common Stock, $.01 Par Value	F	1686	$24.63	Disposed	210957	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-01	Restricted Stock Units	$	M	2758	Disposed		Common Stock, $.01 Par Value (2758.0)	Direct
2021-07-01	Restricted Stock Units	$	M	6922	Disposed		Common Stock, $.01 Par Value (6922.0)	Direct

Footnotes

F1: The Reporting Person purchased 2,500 shares of the Issuer's common stock on June 30, 2021, 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 vests in three equal annual installments beginning on July 1, 2019. 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.

F3: Each restricted stock unit represents a contingent right to receive one share of stock. The restricted stock unit grant vests in six equal biannual installments beginning January 1, 2020. The vested shares will be issued to the reporting person on the earlier of such person's retirement from the issuer or July 1 of the applicable year, at which time all restrictions on the vested shares will lapse.