PNM RESOURCES INC 4
4 · PNM RESOURCES INC · Filed Feb 20, 2007
Insider Transaction Report
Form 4
SMITH HUGH W
SR VP, ENERGY RES
Transactions
- Award
Common Stock
2007-02-16$30.50/sh+2,739$83,540→ 21,220 total - Award
Stock Options
2007-02-16$30.50/sh+14,000$427,000→ 45,051 totalExercise: $30.50Exp: 2017-02-16→ Common Stock (14,000 underlying) - Award
Common Stock
2007-02-16+5,000→ 18,481 total
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.