PNM RESOURCES INC 4
4 · PNM RESOURCES INC · Filed May 18, 2017
Insider Transaction Report
Form 4
BECKER NORMAN P.
Director
Transactions
- Award
Common Stock
2017-05-16+2,452→ 2,452 total - Exercise/Conversion
Restricted Stock Rights
2017-05-17−780→ 1,559 total→ Common Stock (780 underlying) - Exercise/Conversion
Common Stock
2017-05-17+780→ 3,232 total
Footnotes (3)
- [F1]These shares represent restricted stock units granted on May 16, 2017 that will vest on May 16, 2018 and be settled in common stock upon or after vesting.
- [F2]Represents the portions of previous awards of restricted stock rights that vested on May 17, 2017.
- [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).