PNM RESOURCES INC 4
4 · PNM RESOURCES INC · Filed May 18, 2016
Insider Transaction Report
Form 4
BECKER NORMAN P.
Director
Transactions
- Award
Restricted Stock Rights
2016-05-17+2,339→ 2,339 total→ Common Stock (2,339 underlying)
Footnotes (2)
- [F1]Each restricted stock right represents a contingent right to receive one share of PNM Resources, Inc. common stock.
- [F2]The restricted stock units vest in three equal annual installments beginning May 17, 2017. 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).