PNM RESOURCES INC 4
4 · PNM RESOURCES INC · Filed Feb 20, 2007
Insider Transaction Report
Form 4
Hobbs William Douglas
SR VP, CUST & DEL SERV
Transactions
- Award
Common Stock
2007-02-16$30.50/sh+1,577$48,099→ 12,121 total - Award
Common Stock
2007-02-16+5,000→ 10,544 total - Award
Stock Options
2007-02-16$30.50/sh+14,000$427,000→ 28,000 totalExercise: $30.50Exp: 2017-02-16→ Common Stock (14,000 underlying)
Footnotes (3)
- [F1]The restricted stock rights vest in three equal annual installments beginning on 2/16/08.
- [F2]Based on the closing price on the date of the grant.
- [F3]The options vest in three equal annual installments beginning on 2/16/08.