4//SEC Filing
SM Energy Co 4
Accession 0001140361-14-027598
$SMCIK 0000893538operating
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 11:50 AM ET
Size
30.4 KB
Accession
0001140361-14-027598
Insider Transaction Report
Form 4
Leyendecker Gregory T
VP-Regional Manager
Transactions
- Other
Common Stock; $.01 Par Value
2013-12-31$51.52/sh+189$9,737→ 41,316 total - Tax Payment
Common Stock; $.01 Par Value
2014-07-01$84.10/sh−210$17,661→ 42,082 total - Tax Payment
Common Stock; $.01 Par Value
2014-07-01$84.10/sh−209$17,577→ 42,637 total - Exercise/Conversion
Restricted Stock Units
2014-07-01−764→ 764 total→ Common Stock (764 underlying) - Award
Performance Share Units
2014-07-02+2,202→ 2,202 total→ Common Stock (2,202 underlying) - Exercise/Conversion
Performance Share Units
2014-07-02−2,202→ 0 total→ Common Stock (2,202 underlying) - Other
Common Stock; $.01 Par Value
2014-06-30$70.64/sh+214$15,118→ 41,530 total - Exercise/Conversion
Common Stock; $.01 Par Value
2014-07-01+764→ 42,846 total - Exercise/Conversion
Common Stock; $.01 Par Value
2014-07-01+659→ 43,296 total - Tax Payment
Common Stock; $.01 Par Value
2014-07-02$84.35/sh−605$51,032→ 44,712 total - Exercise/Conversion
Restricted Stock Units
2014-07-01−762→ 0 total→ Common Stock (762 underlying) - Exercise/Conversion
Common Stock; $.01 Par Value
2014-07-01+762→ 42,292 total - Tax Payment
Common Stock; $.01 Par Value
2014-07-01$84.10/sh−181$15,222→ 43,115 total - Exercise/Conversion
Common Stock; $.01 Par Value
2014-07-02+2,202→ 45,317 total - Exercise/Conversion
Restricted Stock Units
2014-07-01−659→ 1,321 total→ Common Stock (659 underlying)
Footnotes (6)
- [F1]The reporting person purchased 189 shares of the issuer's common stock on December 31, 2013, through the issuer's Employee Stock Purchase Plan.
- [F2]The reporting person purchased 214 shares of the issuer's common stock on June 30, 2014, 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 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 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, 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.
- [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, 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.
- [F6]On July 2, 2014, the Compensation Committee of the Board of Directors of the issuer determined that 2,202 shares of the issuer's common stock had been earned by the reporting person under the terms of a grant of performance share units (the "PSUs"), based on the achievement of specific performance criteria that were not tied solely to the market price of the issuer's common stock. The PSUs were granted to the reporting person on September 6, 2011, and represent the right to receive, upon the settlement of the PSUs, the determined number of earned shares of the issuer's common stock based on the achievement of the performance criteria over a three-year performance period (with the determined number of earned shares being within a range of zero to two times the number of PSUs granted on the award date), to the extent that the PSUs have vested under separate employment service vesting provisions. The PSUs vested 1/7th on July 1, 2012, 2/7ths on July 1, 2013, and 4/7ths on July 1, 2014.
Documents
Issuer
SM Energy Co
CIK 0000893538
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000893538
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 11:50 AM ET
- Size
- 30.4 KB