PHARO MILAM RANDOLPH 4
4 · SM Energy Co · Filed Jul 6, 2010
Insider Transaction Report
Form 4
PHARO MILAM RANDOLPH
SR. VP and General Counsel
Transactions
- Other
Common Stock; $.01 Par Value
2010-06-30$29.10/sh+252$7,334→ 33,523 total - Award
Restricted Stock Units
2010-07-01+1,619→ 1,619 total→ Common Stock (1,619 underlying)
Footnotes (2)
- [F1]The reporting person purchased 252 shares of the issuer's common stock on June 30, 2010, 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 over a three year period, with 1/7th vesting on July 1, 2011, 2/7th vesting on the July 1, 2012, and 4/7th vesting 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.