4//SEC Filing
Apodaca Patrick V 4
Accession 0001562180-24-002457
CIK 0001108426other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 1:51 PM ET
Size
20.3 KB
Accession
0001562180-24-002457
Insider Transaction Report
Form 4
Apodaca Patrick V
SR VP, GEN COUNSEL & SECY
Transactions
- Tax Payment
Common Stock
2024-03-07$37.74/sh−309$11,662→ 90,570 total - Tax Payment
Common Stock
2024-03-07$37.74/sh−298$11,247→ 90,197 total - Exercise/Conversion
Common Stock
2024-03-07+720→ 90,163 total - Exercise/Conversion
Common Stock
2024-03-07+658→ 90,495 total - Exercise/Conversion
Common Stock
2024-03-07+682→ 90,879 total - Exercise/Conversion
Restricted Stock Rights
2024-03-07−720→ 15,207 total→ Common Stock (720 underlying) - Exercise/Conversion
Restricted Stock Rights
2024-03-07−658→ 14,549 total→ Common Stock (658 underlying) - Exercise/Conversion
Restricted Stock Rights
2024-03-07−682→ 13,867 total→ Common Stock (682 underlying) - Tax Payment
Common Stock
2024-03-07$37.74/sh−326$12,303→ 89,837 total
Footnotes (4)
- [F1]Represents the portions of previous awards of restricted stock rights that vested effective as of March 7, 2024.
- [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).
Documents
Issuer
PNM RESOURCES INC
CIK 0001108426
Entity typeother
Related Parties
1- filerCIK 0001478313
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 1:51 PM ET
- Size
- 20.3 KB