LYTLE PATRICK A (Controller and PAO) exercised options at SM ENERGY CO

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

LYTLE PATRICK A

Filed: 7/3/2024ACC: 0000893538-24-000070

InsiderLYTLE PATRICK ACIK 1767858

→

IssuerSM ENERGY COCIK 893538

Officer· Controller and PAO

Since Nov 2018

-781.00

Net shares

Net seller

$63.4K

Total sold

Open market trades

0B · 0S

Total transactions

5.78K acquired · 6.56K disposed

Non-Derivative Transactions8

Common Stock, $.01 Par Value

Direct

J · J

+293.00

Price / share

$26.89

Trade value

$7.88K

% of position

2.9%

12/29/2023

10.10K→10.39K

Common Stock, $.01 Par Value

Direct

J · J

+393.00

Price / share

$32.91

Trade value

$12.93K

% of position

3.8%

6/28/2024

10.39K→10.78K

Common Stock, $.01 Par Value

Direct

M · Option Exercise

+1.50K

Price / share

—

Trade value

—

% of position

13.9%

7/1/2024

10.78K→12.29K

Common Stock, $.01 Par Value

Direct

F · Tax Withholding

−433.00

Price / share

$43.23

Trade value

$18.72K

% of position

3.5%

7/1/2024

12.29K→11.85K

Common Stock, $.01 Par Value

Direct

M · Option Exercise

+1.22K

Price / share

—

Trade value

—

% of position

10.3%

7/1/2024

11.85K→13.08K

Common Stock, $.01 Par Value

Direct

F · Tax Withholding

−352.00

Price / share

$43.23

Trade value

$15.22K

% of position

2.7%

7/1/2024

13.08K→12.72K

Common Stock, $.01 Par Value

Direct

M · Option Exercise

+2.37K

Price / share

—

Trade value

—

% of position

18.6%

7/1/2024

12.72K→15.10K

Common Stock, $.01 Par Value

Direct

F · Tax Withholding

−682.00

Price / share

$43.23

Trade value

$29.48K

% of position

4.5%

7/1/2024

15.10K→14.41K

Total

Net shares

+4.32K

Net value

-$42.61K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, $.01 Par Value Direct	12/29/2023	J · J	+293.00	$26.89	$7.88K	2.9%	10.10K	10.39K
Common Stock, $.01 Par Value Direct	6/28/2024	J · J	+393.00	$32.91	$12.93K	3.8%	10.39K	10.78K
Common Stock, $.01 Par Value Direct	7/1/2024	M · Option Exercise	+1.50K	—	—	13.9%	10.78K	12.29K
Common Stock, $.01 Par Value Direct	7/1/2024	F · Tax Withholding	−433.00	$43.23	$18.72K	3.5%	12.29K	11.85K
Common Stock, $.01 Par Value Direct	7/1/2024	M · Option Exercise	+1.22K	—	—	10.3%	11.85K	13.08K
Common Stock, $.01 Par Value Direct	7/1/2024	F · Tax Withholding	−352.00	$43.23	$15.22K	2.7%	13.08K	12.72K
Common Stock, $.01 Par Value Direct	7/1/2024	M · Option Exercise	+2.37K	—	—	18.6%	12.72K	15.10K
Common Stock, $.01 Par Value Direct	7/1/2024	F · Tax Withholding	−682.00	$43.23	$29.48K	4.5%	15.10K	14.41K
Total			+4.32K		-$42.61K

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock, $.01 Par Value

1.50K shares

−1.50K

Strike price

Held after

0.00

Exercisable

—

7/1/2024

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock, $.01 Par Value

1.22K shares

−1.22K

Strike price

Held after

1.22K

Exercisable

—

7/1/2024

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock, $.01 Par Value

2.37K shares

−2.37K

Strike price

Held after

4.74K

Exercisable

—

7/1/2024

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock, $.01 Par Value1.50K shares	7/1/2024	M · Option Exercise	−1.50K	—	0.00
Restricted Stock Units Direct	Common Stock, $.01 Par Value1.22K shares	7/1/2024	M · Option Exercise	−1.22K	—	1.22K
Restricted Stock Units Direct	Common Stock, $.01 Par Value2.37K shares	7/1/2024	M · Option Exercise	−2.37K	—	4.74K