Pugh Stephen C 4
4 · SM Energy Co · Filed Jul 6, 2011
Insider Transaction Report
Form 4
Pugh Stephen C
Sr. VP & Regional Manager
Transactions
- Exercise/Conversion
Common Stock; .01 Par Value
2011-07-01+312→ 7,169 total - Exercise/Conversion
Restricted Stock Units
2011-07-01−312→ 1,870 totalFrom: 2011-07-01Exp: 2011-07-01→ Common Stock (312 underlying) - Tax Payment
Common Stock; .01 Par Value
2011-07-01$73.82/sh−101$7,456→ 7,068 total
Footnotes (1)
- [F1]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 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 the restrictions on the vested shares will lapse.