4//SEC Filing
Bischoff Gerald R 4
Accession 0001562180-24-002459
CIK 0001108426other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 1:51 PM ET
Size
22.8 KB
Accession
0001562180-24-002459
Insider Transaction Report
Form 4
Bischoff Gerald R
VP and Corporate Controller
Transactions
- Tax Payment
Common Stock
2024-03-07$37.74/sh−47$1,774→ 342 total - Tax Payment
Common Stock
2024-03-07$37.74/sh−49$1,849→ 430 total - Exercise/Conversion
Common Stock
2024-03-07+131→ 389 total - Tax Payment
Common Stock
2024-03-07$37.74/sh−61$2,302→ 538 total - Exercise/Conversion
Restricted Stock Rights
2024-03-07−131→ 1,742 total→ Common Stock (131 underlying) - Exercise/Conversion
Restricted Stock Rights
2024-03-07−169→ 1,436 total→ Common Stock (169 underlying) - Exercise/Conversion
Common Stock
2024-03-07+137→ 479 total - Exercise/Conversion
Restricted Stock Rights
2024-03-07−137→ 1,605 total→ Common Stock (137 underlying) - Exercise/Conversion
Common Stock
2024-03-07+169→ 599 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).
Issuer
PNM RESOURCES INC
CIK 0001108426
Entity typeother
Related Parties
1- filerCIK 0002004351
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 1:51 PM ET
- Size
- 22.8 KB