Gerald R. Bischoff - 01 Mar 2024 Form 4 Insider Report for PNM RESOURCES INC (TXNM)

Signature
/s/ Angela L. Pino, POA for Gerald R Bischoff
Issuer symbol
TXNM
Transactions as of
01 Mar 2024
Net transactions value
$0
Form type
4
Filing time
05 Mar 2024, 12:09:17 UTC
Previous filing
15 Dec 2023
Next filing
08 Mar 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% $0.000000 1,873 01 Mar 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).