PNM RESOURCES INC 4
4 · PNM RESOURCES INC · Filed May 18, 2015
Insider Transaction Report
Form 4
ARCHULETA ADELMO E
Director
Transactions
- Exercise/Conversion
Common Stock
2015-05-15+1,805→ 27,102.944 total
Holdings
- 2,100
Stock Options
→ Common Stock (2,100 underlying) - 5,301
Restricted Stock Rights
→ Common Stock (5,301 underlying)
Footnotes (6)
- [F1]Represents the portions of previous awards 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. On 5/17/15, 1,050 stock options expired and were canceled. The total number of Mr. Archuleta's stock options holdings has been reduced by that number.
- [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 from grant date. 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).