PHARO MILAM RANDOLPH 4
4 · SM Energy Co · Filed Aug 3, 2010
Insider Transaction Report
Form 4
PHARO MILAM RANDOLPH
SR. VP and General Counsel
Transactions
- Exercise/Conversion
Common Stock; $.01 Par Value
2010-08-01+518→ 34,041 total - Exercise/Conversion
Restricted Stock Units
2010-08-01−518→ 3,107 totalFrom: 2010-08-01Exp: 2010-08-01→ Common Stock (518 underlying)
Footnotes (1)
- [F1]This transaction represents vesting of restricted stock units. 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 August 1, 2010, 2/7th vesting on August 1, 2011, and 4/7th vesting on August 11, 2012. The vested shares are issued to the reporting person on the vesting dates, at which time all restrictions on the vested shares will lapse.