UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
April 3, 2013 (March 28, 2013)
SM Energy Company
(Exact name of registrant as specified in its charter)
Delaware |
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001-31539 |
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41-0518430 |
(State or other jurisdiction |
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(Commission |
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(I.R.S. Employer |
1775 Sherman Street, Suite 1200, Denver, Colorado (Address of principal executive offices) |
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80203 (Zip Code) |
Registrants telephone number, including area code: (303) 861-8140
Not applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
The following sets forth a summary of the base salaries for 2013 for SM Energy Companys (the Company) Chief Executive Officer, Chief Financial Officer, and the other named executive officers of the Company for whom compensation disclosure was required in the Companys most recent proxy statement filed with the Securities and Exchange Commission on April 13, 2012 (the 2012 Proxy Statement). On March 28, 2013, the Compensation Committee of the Board of Directors of the Company approved the following 2013 base salaries:
Name and Principal Position |
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2013 Base Salary |
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Anthony J. Best Chief Executive Officer |
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$ |
700,000 |
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Javan D. Ottoson President and Chief Operating Officer |
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$ |
460,000 |
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A. Wade Pursell Executive Vice President and Chief Financial Officer |
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$ |
390,000 |
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David W. Copeland Executive Vice President, General Counsel and Corporate Secretary |
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$ |
350,000 |
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Paul M. Veatch, who was a named executive officer of the Company in its 2012 Proxy Statement, passed on in 2012.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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SM ENERGY COMPANY | |
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Date: April 3, 2013 |
By: |
/s/ DAVID W. COPELAND |
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David W. Copeland |
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Executive Vice President, General Counsel and Corporate Secretary |