Gerald R. Bischoff - Mar 1, 2024 Form 4 Insider Report for PNM RESOURCES INC (PNM)

Role
VP and Corporate Controller
Signature
/s/ Angela L. Pino, POA for Gerald R Bischoff
Stock symbol
PNM
Transactions as of
Mar 1, 2024
Transactions value $
$0
Form type
4
Date filed
3/5/2024, 12:09 PM
Previous filing
Dec 15, 2023
Next filing
Mar 8, 2024

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 Restricted Stock Rights Award $0 +969 +107.19% $0.00 1.87K Mar 1, 2024 Common Stock 969 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock right represents a contingent right to receive one share of PNM Resources, Inc. common stock.
F2 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).