Nordhaus Robert R 4
4 · PNM RESOURCES INC · Filed May 10, 2013
Insider Transaction Report
Form 4
Nordhaus Robert R
Director
Transactions
- Award
Restricted Stock Rights
2013-05-09+2,850→ 9,557 total→ Common Stock (2,850 underlying)
Holdings
- 3,050
Stock Options
→ Common Stock (3,050 underlying) - 8,573
Common Stock
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 beginning May 9, 2014. 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]Includes 6,707 shares covered by unvested restricted stock rights that were previously reported in Table I.