0000893538-12-000054.txt : 20121024 0000893538-12-000054.hdr.sgml : 20121024 20121023191212 ACCESSION NUMBER: 0000893538-12-000054 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120928 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20121024 DATE AS OF CHANGE: 20121023 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SM Energy Co CENTRAL INDEX KEY: 0000893538 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 410518430 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31539 FILM NUMBER: 121157277 BUSINESS ADDRESS: STREET 1: 1775 SHERMAN STREET STREET 2: SUITE 1200 CITY: DENVER STATE: CO ZIP: 80203 BUSINESS PHONE: 303-861-8140 MAIL ADDRESS: STREET 1: 1775 SHERMAN STREET STREET 2: SUITE 1200 CITY: DENVER STATE: CO ZIP: 80203 FORMER COMPANY: FORMER CONFORMED NAME: ST MARY LAND & EXPLORATION CO DATE OF NAME CHANGE: 19940228 8-K 1 form8-k10232012.htm FORM 8-K Form 8-K 10.23.2012



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)
October 23, 2012 (September 28, 2012)

SM Energy Company
(Exact name of registrant as specified in its charter)

    
Delaware
001-31539
41-0518430
(State or other jurisdiction
(Commission
(I.R.S. Employer
of incorporation)
File Number)
Identification No.)


1775 Sherman Street, Suite 1200, Denver, Colorado
(Address of principal executive offices)
80203
(Zip Code)


Registrant's 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.):

[_] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[_] 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.

On September 28, 2012, the Board of Directors of SM Energy Company (the “Company”) appointed Javan D. Ottoson as President of the Company, effective October 3, 2012. Mr. Ottoson will continue to serve as the Company's Chief Operating Officer. Mr. Ottoson succeeds Anthony J. Best in the role of President of the Company. Mr. Best will continue to serve the Company as its Chief Executive Officer and as a member of the Board of Directors.

There is no arrangement or understanding pursuant to which Mr. Ottoson was selected as President of the Company. There are no family relationships between Mr. Ottoson and any other executive officer or director of the Company, and there are no transactions or proposed transactions between Mr. Ottoson and the Company that would require disclosure pursuant to Item 404(a) of Regulation S-K.

In connection with his appointment, Mr. Ottoson received a one-time award of 10,000 Restricted Stock Units pursuant to the SM Energy Equity Incentive Compensation Plan, effective as of October 3, 2012. The Restricted Stock Units will vest on October 3, 2015.

A copy of the press release announcing Mr. Ottoson's promotion is attached here to as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01    Financial Statements and Exhibits.

(d)
Exhibits.
The following exhibit is furnished as part of this report:
 
Exhibit 99.1
Press release of the Company dated October 4, 2012, entitled “SM Energy Names Javan D. Ottoson President”



















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.


 
 
 
SM ENERGY COMPANY
 
 
 
 
Date:
October 23, 2012
By:
/s/ Kelly E. Collins
 
 
 
Kelly E. Collins
 
 
 
Director of Financial Reporting and Assistant Corporate Secretary











EX-99.1 2 exhibit99110232012.htm EXHIBIT 99.1 Exhibit 99.1 10.23.2012



EXHIBIT 99.1



For Information
James R. Edwards
303-837-2444
 
FOR IMMEDIATE RELEASE
 
 
SM ENERGY NAMES JAVAN D. OTTOSON PRESIDENT
 
 
DENVER, CO October 4, 2012 - SM Energy Company (NYSE: SM) announces that its Board of Directors has promoted Javan D. Ottoson, age 54, to President of the Company. Mr. Ottoson will continue to serve as the Company's Chief Operating Officer, a position he has held since December 2006. Anthony J. Best, formerly President, will continue to serve as the Company's Chief Executive Officer and as a member of its Board of Directors.

Mr. Best said, “Jay's promotion recognizes his many contributions to SM Energy's success as we've significantly grown our production and expanded our exploration programs during the past several years. It has been my pleasure to have worked with Jay for more than 25 years as a result of our overlapping careers at SM Energy, ARCO and Unocal/Pure Resources, and going forward, Jay and I will continue to work closely as we execute our plans for growth and future success.”

Mr. Ottoson joined the Company in December 2006 as Executive Vice President and Chief Operating Officer. Prior to joining the Company, Mr. Ottoson held various management and operational positions with ARCO and Unocal/Pure Resources, including president and resident manager of ARCO China and commercial director of ARCO's U.K. North Sea operations. Mr. Ottoson has over thirty years of experience in the energy industry. Mr. Ottoson graduated from the Colorado School of Mines in 1980 with a bachelor of science degree in chemical and petroleum refining engineering.

ABOUT THE COMPANY
 
SM Energy Company is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in onshore North America. SM Energy routinely posts important information about the Company on its website. For more information about SM Energy, please visit its website at www.sm‑energy.com.