PNM RESOURCES INC 4
4 · PNM RESOURCES INC · Filed Mar 14, 2016
Insider Transaction Report
Form 4
ARCHULETA ADELMO E
Director
Transactions
- Exercise/Conversion
Common Stock
2016-03-07$24.64/sh+1,050$25,872→ 28,152.944 total - Exercise/Conversion
Common Stock
2016-03-07$30.79/sh+1,050$32,330→ 29,202.944 total - Exercise/Conversion
Stock Options
2016-03-07−2,100→ 0 total→ Common Stock (2,100 underlying) - Sale
Common Stock
2016-03-07$32.98/sh−2,100$69,258→ 27,102.944 total
Holdings
- 5,301
Restricted Stock Rights
→ Common Stock (5,301 underlying)
Footnotes (4)
- [F1]Based on the closing price on the date of the grant.
- [F2]The options vested in three equal annual installments from grant date and are fully vested.
- [F3]Each restricted stock right represents a contingent right to receive one share of PNM Resources, Inc. common stock.
- [F4]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).