$TXNM·4

PNM RESOURCES INC · May 12, 5:12 PM ET

PNM RESOURCES INC 4

4 · PNM RESOURCES INC · Filed May 12, 2015

Insider Transaction Report

Form 4
Period: 2015-05-08
Transactions
  • Award

    Restricted Stock Rights

    2015-05-12+2,7837,106 total
    Common Stock (2,783 underlying)
  • Exercise/Conversion

    Common Stock

    2015-05-08+95025,297.944 total
Holdings
  • Stock Options

    Common Stock (3,150 underlying)
    3,150
Footnotes (6)
  • [F1]Represents the portion of a previous award of restricted stock rights that vested effective as of the applicable vesting date.
  • [F2]Based on the closing price on the date of the grant.
  • [F3]The options vested in three equal annual installments from grant date and are fully vested.
  • [F4]The options expire 10 years from grant date.
  • [F5]Each restricted stock right represents a contingent right to receive one share of PNM Resources, Inc. common stock.
  • [F6]The restricted stock units vest in three equal annual installments beginning May 12, 2016. 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).

Documents

1 file
  • 4
    wf-form4_143146513207100.xmlPrimary

    FORM 4