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 | +808 | +0.9% | $0.00 | 90.3K | Nov 10, 2023 | Common Stock | 808 | PNM Common Stock Fund - PNM Resources Executive Savings Plan II | F1, F2, F3 |
Id | Content |
---|---|
F1 | The security converts to common stock on a one-for-one basis. |
F2 | Reflects the amount of phantom stock shares acquired under the PNM Resources, Inc. Executive Savings Plan II through notional dividend reinvestment on the cash dividend payment date of November 10, 2023. As previously disclosed in footnote (2) to the reporting person's Form 4 filed on November 14, 2023, the reporting person was unable to provide the number of phantom stock shares acquired due to a delay in the receipt of information required to calculate such number from the third party administrator. Such information was received by the Issuer on November 29, 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. |