Earnings Feed
Start Free
Home/Filings/4/0001108426-15-000028
4//SEC Filing

PNM RESOURCES INC 4

Accession 0001108426-15-000028

$TXNMCIK 0001108426operating
View on SEC.govCompany Profile

Filed

Mar 11, 8:00 PM ET

Accepted

Mar 12, 5:23 PM ET

Size

14.3 KB

Accession

0001108426-15-000028

Insider Transaction Report

Form 4
Period: 2015-03-10
PNM RESOURCES INCPNM
SATEGNA THOMAS G
VP AND CORP CNTRL
Transactions
  • Exercise/Conversion

    Common Stock

    2015-03-12$27.52/sh+6,000$165,120→ 6,000 total
  • Discretionary Transaction

    Phantom Stock Shares

    2015-03-10−6,993.605→ 6,201.873 total(indirect: PNM Common Stock Fund - PNM Resources Executive Savings Plan II)
    → Common Stock (6,993.605 underlying)
  • Sale

    Common Stock

    2015-03-10$27.44/sh−5,565$152,704→ 0 total
  • Sale

    Common Stock

    2015-03-12$28.02/sh−6,000$168,120→ 0 total
  • Exercise/Conversion

    Stock Options

    2015-03-12−6,000→ 6,000 total
    Exercise: $27.52→ Common Stock (6,000 underlying)
Holdings

  • Restricted Stock Rights

    → Common Stock (2,384 underlying)
    2,384
Footnotes (7)
  • [F1]Based on the closing price on the date of the grant.
  • [F2]The phantom stock shares acquired under the PNM Resources, Inc. Executive Savings Plan II convert to common stock on a one-for-one basis. Mr. Sategna exercised his right to transfer the value of a portion of his phantom stock shares acquired under the PNM Resources, Inc. Executive Savings Plan II into an alternative investment fund.
  • [F3]Total represents phantom stock shares of PNM Resources, Inc. Common Stock held under the PNM Resources, Inc. Executive Savings Plan II as of March 10, 2015 (after giving effect to the transfer described in footnote 1 above).
  • [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 the grant dates. 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]Stock options were awarded on multiple dates. The exercise price associated with each stock option award was based on the closing price of PNM Resources, Inc. common stock on the date of the grant.
  • [F7]The options expire 10 years from the grant date.

Documents

1 file

Issuer

PNM RESOURCES INC

CIK 0001108426

→
Entity typeoperating
IncorporatedNM

Related Parties

1
  • filerCIK 0001108426

Filing Metadata

Form type
4
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 5:23 PM ET
Size
14.3 KB
View on SEC.gov