COLLAWN PATRICIA K - 16 Feb 2024 Form 4 Insider Report for PNM RESOURCES INC (TXNM)

Role
CHAIRMAN AND CEO, Director
Signature
/s/ Angela L. Pino, POA for Patricia K. Collawn
Issuer symbol
TXNM
Transactions as of
16 Feb 2024
Net transactions value
$0
Form type
4
Filing time
21 Feb 2024, 10:37:27 UTC
Previous filing
07 Dec 2023
Next filing
05 Mar 2024
SEC
View on sec.gov

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 +974 +1.1% $0.000000 91,230 16 Feb 2024 Common Stock 974 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 February 16, 2024.
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.