4//SEC Filing
Pugh Stephen C 4
Accession 0001140361-11-038548
CIK 0000893538other
Filed
Jul 28, 8:00 PM ET
Accepted
Jul 29, 4:33 PM ET
Size
6.8 KB
Accession
0001140361-11-038548
Insider Transaction Report
Form 4
Pugh Stephen C
Sr. VP & Regional Manager
Transactions
- Award
Performance Share Award
2011-07-28+4,369→ 4,369 totalFrom: 2011-08-01Exp: 2011-08-01→ Common Stock (4,369 underlying)
Footnotes (2)
- [F1]On July 28, 2011, the Compensation Committee of the Board of Directors of the issuer determined that 4,369 shares of the issuer's common stock had been earned by the reporting person under the terms of a performance share award (the "PSA"), based on the achievement of specific performance criteria that were not tied solely to the market price of the issuer's common stock. The PSA was granted to the reporting person on August 1, 2008, and represents the right to receive, upon the settlement of the PSA, 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 target shares indicated on the award date), to the extent that the PSA has vested under separate employment service vesting provisions.
- [F2]The PSA vested 1/7th on August 1, 2009 and 2/7ths on August 1, 2010, and the remaining 4/7ths is scheduled to vest on August 1, 2011. Under the terms of the PSA, the PSA is scheduled to be settled through the issuance of the number of earned and vested shares of common stock on or about August 1, 2011.
Documents
Issuer
SM Energy Co
CIK 0000893538
Entity typeother
Related Parties
1- filerCIK 0001407327
Filing Metadata
- Form type
- 4
- Filed
- Jul 28, 8:00 PM ET
- Accepted
- Jul 29, 4:33 PM ET
- Size
- 6.8 KB