4//SEC Filing
PNM RESOURCES INC 4
Accession 0001108426-14-000045
$TXNMCIK 0001108426operating
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 12:23 PM ET
Size
9.6 KB
Accession
0001108426-14-000045
Insider Transaction Report
Form 4
SATEGNA THOMAS G
VP AND CORP CNTRL
Transactions
- Sale
Common Stock
2014-03-14$27.09/sh−4,734$128,225→ 0 total
Holdings
- 12,847(indirect: PNM Common Stock Fund - PNM Resources Executive Savings Plan)
Phantom Stock Shares
→ Common Stock (12,847 underlying) - 12,000
Stock Options
→ Common Stock (12,000 underlying) - 2,614
Restricted Stock Rights
→ Common Stock (2,614 underlying)
Footnotes (8)
- [F1]The security converts to common stock on a one-for-one basis.
- [F2]The phantom stock shares were acquired under the PNM Resources, Inc. Executive Savings Plan II, and will settle upon the Reporting Person's retirement or other termination of service.
- [F3]Total represents phantom stock shares of PNM Resources, Inc. Common Stock acquired under the PNM Resources, Inc. Executive Savings Plan II as of February 28, 2014.
- [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. 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]Based on the closing price on the date of the grant.
- [F7]The options vest in three equal annual installments from grant date.
- [F8]The options expire 10 years from grant date.
Documents
Issuer
PNM RESOURCES INC
CIK 0001108426
Entity typeoperating
IncorporatedNM
Related Parties
1- filerCIK 0001108426
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 12:23 PM ET
- Size
- 9.6 KB