PNM RESOURCES INC 4
4 · PNM RESOURCES INC · Filed May 18, 2015
Insider Transaction Report
Form 4
Nordhaus Robert R
Director
Transactions
- Exercise/Conversion
Common Stock
2015-05-15+1,805→ 18,017 total
Holdings
- 3,050
Stock Options
→ Common Stock (3,050 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 vest in three equal annual installments from grant date.
- [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 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).