Collawn Patricia K - May 12, 2023 Form 4 Insider Report for PNM RESOURCES INC (PNM)

Role
CHAIRMAN AND CEO, Director
Signature
/s/ Angela L. Pino, POA for Patricia K. Collawn
Stock symbol
PNM
Transactions as of
May 12, 2023
Transactions value $
$0
Form type
4
Date filed
5/16/2023, 11:00 AM
Previous filing
May 15, 2023
Next filing
Aug 29, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PNM Phantom Stock Shares Award $0 +690 +0.78% $0.00 88.7K May 12, 2023 Common Stock 690 PNM Common Stock Fund - PNM Resources Executive Savings Plan II F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The security converts to common stock on a one-for-one basis.
F2 Reflects the amount of phantom shares acquired under the PNM Resources, Inc. Executive Savings Plan II through notational dividend reinvestment on the cash dividend payment date of May 12, 2023.
F3 The phantom stock shares were acquired under the PNM Resources, Inc. Executive Savings Plan II, and will settle upon the Reporting Person's retirement or other termination of service.