PNM RESOURCES INC 4
4 · PNM RESOURCES INC · Filed May 18, 2016
Insider Transaction Report
Form 4
ARCHULETA ADELMO E
Director
Transactions
- Exercise/Conversion
Common Stock
2016-05-17+2,639→ 32,403.944 total - Exercise/Conversion
Restricted Stock Rights
2016-05-17−2,639→ 0 total→ Common Stock (2,639 underlying)
Footnotes (3)
- [F1]Represents the portions of previous awards of restricted stock rights that vested upon Mr. Archuletas retirement from the PNM Resources Board of Directors on May 17, 2016.
- [F2]Each restricted stock right represents a contingent right to receive one share of PNM Resources, Inc. common stock.
- [F3]The restricted stock units vest in three equal annual installments. 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).