4//SEC Filing
Ottoson Javan D 4
Accession 0000893538-20-000104
CIK 0000893538other
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 4:45 PM ET
Size
24.1 KB
Accession
0000893538-20-000104
Insider Transaction Report
Form 4
Ottoson Javan D
Exec VP & COO
Transactions
- Other
Common Stock, $.01 Par Value
2020-06-30$3.19/sh+2,224$7,095→ 221,754 total - Tax Payment
Common Stock, $.01 Par Value
2020-07-01$3.75/sh−11,087$41,576→ 235,874 total - Exercise/Conversion
Common Stock, $.01 Par Value
2020-07-01+212,800→ 470,150 total - Exercise/Conversion
Restricted Stock Units
2020-07-01−25,207→ 0 total→ Common Stock, $.01 Par Value (25,207 underlying) - Exercise/Conversion
Restricted Stock Units
2020-07-01−22,768→ 45,538 total→ Common Stock, $.01 Par Value (22,768 underlying) - Exercise/Conversion
Common Stock, $.01 Par Value
2020-07-01+15,570→ 251,444 total - Tax Payment
Common Stock, $.01 Par Value
2020-07-01$3.75/sh−6,848$25,680→ 244,596 total - Exercise/Conversion
Common Stock, $.01 Par Value
2020-07-01+22,768→ 267,364 total - Exercise/Conversion
Common Stock, $.01 Par Value
2020-07-01+25,207→ 246,961 total - Tax Payment
Common Stock, $.01 Par Value
2020-07-01$3.75/sh−10,014$37,553→ 257,350 total - Tax Payment
Common Stock, $.01 Par Value
2020-07-01$3.75/sh−93,590$350,963→ 376,560 total - Exercise/Conversion
Restricted Stock Units
2020-07-01−15,570→ 15,571 total→ Common Stock, $.01 Par Value (15,570 underlying)
Footnotes (5)
- [F1]The Reporting Person purchased 2,224 shares of the Issuer's common stock on June 30, 2020, through the Issuer's Employee Stock Purchase Plan.
- [F2]Each restricted stock unit represented a contingent right to receive one share of stock. The restricted stock unit grant vested in three equal annual installments beginning on July 1, 2018. The vested shares were issued to the Reporting Person on the vesting dates, at which time all restrictions on the vested shares lapsed.
- [F3]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.
- [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, 2020. 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]On July 1, 2020, the Compensation Committee of the Board of Directors of the Issuer determined that 212,800 shares of the Issuer's common stock had been earned by the Reporting Person under the terms of a grant of performance share units ("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 July 1, 2017, 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 were fully vested on July 1, 2020.
Documents
Issuer
SM Energy Co
CIK 0000893538
Entity typeother
Related Parties
1- filerCIK 0001359693
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 4:45 PM ET
- Size
- 24.1 KB