WOODARD JOAN B 4
4 · PNM RESOURCES INC · Filed Mar 12, 2013
Insider Transaction Report
Form 4
WOODARD JOAN B
Director
Transactions
- Sale
Common Stock
2013-03-08$23.10/sh−7,500$173,250→ 14,595 total - Exercise/Conversion
Common Stock
2013-03-08$17.27/sh+7,500$129,500→ 22,095 total - Exercise/Conversion
Stock Options
2013-03-08−7,500→ 13,700 total→ Common Stock (7,500 underlying)
Holdings
- 6,707
Restricted Stock Rights
→ Common Stock (6,707 underlying)
Footnotes (6)
- [F1]Based on the closing price on the date of the grant.
- [F2]The options vest in three equal annual installments from grant date of issuance.
- [F3]The options expire 10 years from grant date.
- [F4]Each restricted stock right represents a contingent right to receive one share of PNM Resources, Inc. common stock.
- [F5]The restricted stock units vest in three equal annual installments from grant date of issuance. Vested shares will be delivered to the reporting person on the applicable vesting dates (or, if the company is in a blackout period under its insider trading policy on any vesting date, at a later date after such blackout period ends).
- [F6]Represents shares covered by unvested restricted stock rights that were previously reported in Table I.