1. Name and Address of Reporting Person
Kerley, Greg D.
2350 N. Sam Houston Parkway East
Suite 300
Houston, TX 77032
USA
2. Issuer Name and Ticker or Trading Symbol
Southwestern Energy Company (SWN)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Day/Year
12/13/2002
5. If Amendment, Date of Original (Month/Day/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner
(X) Officer (give title below) ( ) Other (specify below)
Exec. VP & CFO
7. 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 |2. Trans- |2A.Execu- |3. Trans-|4. Securities Acquired (A)|5. Amount of |6. Owner- |7. Nature |
| | action | action | action| or Disposed of (D) |Securities | ship | of In- |
| | Date | Date | Code | |Beneficially | Form: | direct |
| | | | | |Owned | Direct | Bene- |
| | (Month/ | (Month/ | | |Following | (D) or | ficial |
| | Day/ | Day/ +-----+---+-----------+---+----------+Reported | Indirect| Owner- |
| | Year) | Year) |Code |V |Amount |A/D|Price |Transaction(s)| (I) | ship |
+------------------------------+----------+----------+-----+---+-----------+---+----------+--------------+-----------+------------+
Common Stock 12/11/2002 A 19890 A $0.0000 86384 D
TABLE II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
+----------+--------+-------+-------+---------+-----------+---------------------+----------------+----------+-------+-------+------+
|1. |2. |3. |3A. |4. |5. |6. |7. |8. |9. |10. |11. |
| | | | | | | | | |Number |Owner- | |
| | | | | | | | | |of |ship | |
| | | | | | | | | |Deriv- |Form of| |
| | | | | | | |Title and Amount| |ative |Deriv- | |
| | | | | | | |of Underlying | |Secur- |ative |Nature|
| |Conver- |Trans- |Execu- | |Number of | |Securities | |ities |Secur- |of |
| |sion or |action |tion | |Derivative |Date Exercisable +-------+--------+ |Benefi-|ity: |In- |
| |Exercise|Date |Date | |Securities |and Expiration Date | |Amount | |cially |Direct |direct|
| |Price of| | |Transac- |Acquired(A)|(Month/Day/Year) | |or | |Owned |(D) or |Bene- |
|Title of |Deriv- |(Month/|(Month/|tion Code|Disposed(D)+----------+----------+ |Number |Price of | |In- |ficial|
|Derivative|ative | Day/ | Day/ +------+--+-----+-----+Date Exer-|Expira- | |of |Derivative| |direct |Owner-|
|Security |Security|Year) |Year) |Code |V |(A) |(D) |cisable |tion Date |Title |Shares |Security | |(I) |ship |
+----------+--------+-------+-------+------+--+-----+-----+----------+----------+-------+--------+----------+-------+-------+------+
Stock $6 12/16/2009 Common 68250 D
Options Stock
(Right to
buy)
Stock $7.3125 09/11/2008 Common 15674 D
Options Stock
(Right to
buy)
Stock $7.4375 12/14/2010 Common 100000 D
Options Stock
(Right to
buy)
Stock $9.64 12/20/2011 Common 18750 D
Options Stock
(Right to
buy)
Stock $11.46 12/11/2 A 37136 12/11/2003 12/11/2012 Common 37136 $0.0000 D
Options 002 Stock
(Right to
buy)
Stock $11.46 12/11/2 A 12194 12/11/2003 12/11/2012 Common 12194 $0.0000 49330 D
Options 002 Stock
(Right to
buy)
Stock $12.5 12/17/2007 Common 11100 D
Options Stock
(Right to
buy)
Stock $12.8125 12/16/2002 Common 3000 D
Options Stock
(Right to
buy)
Stock $13.375 12/08/2005 Common 3750 D
Options Stock
(Right to
buy)
Stock $14.125 02/27/2007 Common 200 D
Options Stock
(Right to
buy)
Stock $14.625 12/14/2004 Common 50000 D
Options Stock
(Right to
buy)
Stock $14.75 12/11/2006 Common 4500 D
Options Stock
(Right to
buy)
Stock $17.125 12/14/2003 Common 3247 D
Options Stock
(Right to
buy)
Explanation of Responses:
Granted in consideration of services as an officer.
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.
SIGNATURE OF REPORTING PERSON
/s/ Kathy Harriell
DATE
12/13/2002