4//SEC Filing
Monroy Henry E 4
Accession 0001562180-23-002623
CIK 0001108426other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 6:28 PM ET
Size
22.7 KB
Accession
0001562180-23-002623
Insider Transaction Report
Form 4
Monroy Henry E
SVP and CFO
Transactions
- Exercise/Conversion
Restricted Stock Rights
2023-03-07−341→ 2,291 total→ Common Stock (341 underlying) - Exercise/Conversion
Common Stock
2023-03-07+341→ 6,190 total - Tax Payment
Common Stock
2023-03-07$48.80/sh−155$7,564→ 6,035 total - Tax Payment
Common Stock
2023-03-07$48.80/sh−117$5,710→ 6,175 total - Exercise/Conversion
Common Stock
2023-03-07+281→ 6,456 total - Tax Payment
Common Stock
2023-03-07$48.80/sh−128$6,246→ 6,328 total - Exercise/Conversion
Restricted Stock Rights
2023-03-07−257→ 2,034 total→ Common Stock (257 underlying) - Exercise/Conversion
Common Stock
2023-03-07+257→ 6,292 total - Exercise/Conversion
Restricted Stock Rights
2023-03-07−281→ 1,753 total→ Common Stock (281 underlying)
Footnotes (4)
- [F1]Represents the portions of previous awards of restricted stock rights that vested effective as of March 7, 2023.
- [F2]Represents shares withheld by PNM Resources, Inc. to satisfy the tax withholding obligations arising in connection with the settlement of equity awards. The company utilizes a modified "share withholding" approach in connection with settling equity awards, in which it (i) withholds (in cash) an amount to satisfy tax withholding obligations and remits such amount to the relevant tax authorities, and (ii) directs a designated broker to purchase on the open market the number of shares of the company's common stock that can be acquired with the after-tax value of equity awards at the prevailing market price. Only these "net shares" are delivered to the recipient of the equity awards.
- [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. 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).
Issuer
PNM RESOURCES INC
CIK 0001108426
Entity typeother
Related Parties
1- filerCIK 0001801847
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 6:28 PM ET
- Size
- 22.7 KB