SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
HAMMERSCHMIDT JOHN PAUL

(Last) (First) (Middle)
2350 N. SAM HOUSTON PARKWAY EAST
SUITE 300

(Street)
HOUSTON TX 77032

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SOUTHWESTERN ENERGY CO [ SWN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/13/2005
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/13/2005 A 770 A $0(1) 2,890(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to buy) $1.625 12/31/2000 12/31/2009 Common Stock 48,000 48,000(3) D
Stock Options (Right to buy) $1.75 12/31/1999 12/31/2008 Common Stock 48,000 48,000(4) D
Stock Options (Right to buy) $2.4375 12/31/2001 12/31/2010 Common Stock 32,000 32,000(5) D
Stock Options (Right to buy) $2.725 12/31/2002 12/31/2011 Common Stock 32,000 32,000(6) D
Stock Options (Right to buy) $2.935 12/31/2003 12/31/2012 Common Stock 32,000 32,000(7) D
Stock Options (Right to buy) $3.1875 12/31/1998 12/31/2007 Common Stock 48,000 48,000(8) D
Stock Options (Right to buy) $6.195 12/31/2004 12/31/2013 Common Stock 32,000 32,000(9) D
Stock Options (Right to buy) $12.45 12/09/2005 12/09/2011 Common Stock 6,880 6,880(10) D
Stock Options (Right to buy) $35.94 12/13/2005 A 2,750 12/13/2006(11) 12/13/2012 Common Stock 2,750 (1) 2,750 D
Explanation of Responses:
1. Restricted stock and options granted in consideration of services as a director.
2. On May 20, 2005, and again on November 3, 2005, the common stock of Southwestern Energy Company split 2-for-1, resulting in the reporting person's acquisition of 1,590 additional shares of common stock.
3. This option was previously reported as covering 12,000 shares at an exercise price of $6.50 per share, and has been adjusted as a result of a 2-for-1 stock split on May 20, 2005, and a 2-for-1 stock split on November 3, 2005.
4. This option was previously reported as covering 12,000 shares at an exercise price of $7.00 per share, and has been adjusted as a result of a 2-for-1 stock split on May 20, 2005, and a 2-for-1 stock split on November 3, 2005.
5. This option was previously reported as covering 8,000 shares at an exercise price of $9.75 per share, and has been adjusted as a result of a 2-for-1 stock split on May 20, 2005, and a 2-for-1 stock split on November 3, 2005.
6. This option was previously reported as covering 8,000 shares at an exercise price of $10.90 per share, and has been adjusted as a result of a 2-for-1 stock split on May 20, 2005, and a 2-for-1 stock split on November 3, 2005.
7. This option was previously reported as covering 8,000 shares at an exercise price of $11.74 per share, and has been adjusted as a result of a 2-for-1 stock split on May 20, 2005, and a 2-for-1 stock split on November 3, 2005.
8. This option was previously reported as covering 12,000 shares at an exercise price of $6.50 per share, and has been adjusted as a result of a 2-for-1 stock split on May 20, 2005, and a 2-for-1 stock split on November 3, 2005.
9. This option was previously reported as covering 8,000 shares at an exercise price of $24.78 per share, and has been adjusted as a result of a 2-for-1 stock split on May 20, 2005, and a 2-for-1 stock split on November 3, 2005.
10. This option was previously reported as covering 1,720 shares at an exercise price of $49.80 per share, and has been adjusted as a result of a 2-for-1 stock split on May 20, 2005, and a 2-for-1 stock split on November 3, 2005.
11. Option becomes exercisable in three equal annual installments beginning on the first anniversary of the grant date specified in Column 3 or immediately upon a change in control.
Melissa D. McCarty, Attorney in Fact 12/13/2005
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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