Pugh Stephen C 4
4 · SM Energy Co · Filed Jul 14, 2011
Insider Transaction Report
Form 4
Pugh Stephen C
Sr. VP & Regional Manager
Transactions
- Award
Restricted Stock Units
2011-07-13+1,147→ 1,147 total→ Common Stock (1,147 underlying)
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, 2012, 2/7th vesting on July 1, 2013, and 4/7th vesting 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.