Hobbs William Douglas 4
4 · PNM RESOURCES INC · Filed Mar 22, 2007
Insider Transaction Report
Form 4
Hobbs William Douglas
SR VP, CUST & DEL SERV
Transactions
- Exercise/Conversion
Stock Options
2007-03-21$31.59/sh−4,662$147,273→ 23,338 totalExercise: $24.06Exp: 2017-02-13→ Common Stock (4,662 underlying) - Exercise/Conversion
Common Stock
2007-03-21$24.06/sh+4,662$112,168→ 16,786 total - Sale
Common Stock
2007-03-21$31.59/sh−4,662$147,273→ 12,124 total
Footnotes (2)
- [F1]The options vest in three equal annual installments beginning on 2/13/07.
- [F2]Total includes 548 shares of PNM Resources, Inc. Common Stock acquired under the PNM Resources, Inc. Employee Stock Purchase Plan. Information is based on a plan statement dated 2/26/07.