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: Newton Lehman E III (SVP - Operations)

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	99686	Direct
2021-07-01	Common Stock, $.01 Par Value	M	1703	—	Acquired	101389	Direct
2021-07-01	Common Stock, $.01 Par Value	F	416	$24.63	Disposed	100973	Direct
2021-07-01	Common Stock, $.01 Par Value	M	4189	—	Acquired	105162	Direct
2021-07-01	Common Stock, $.01 Par Value	F	1021	$24.63	Disposed	104141	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-01	Restricted Stock Units	$	M	1703	Disposed		Common Stock, $.01 Par Value (1703.0)	Direct
2021-07-01	Restricted Stock Units	$	M	4189	Disposed		Common Stock, $.01 Par Value (4189.0)	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 six equal biannual installments beginning January 1, 2019. 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.

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.