Joseph Don Tarry - 03 May 2024 Form 4 Insider Report for PNM RESOURCES INC (TXNM)

Role
President and COO
Signature
/s/ Angela L. Pino, POA for Joseph Don Tarry
Issuer symbol
TXNM
Transactions as of
03 May 2024
Net transactions value
$0
Form type
4
Filing time
06 May 2024, 17:30:44 UTC
Previous filing
08 Mar 2024
Next filing
04 Dec 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 Restricted Stock Rights Award $0 +19,851 +173% $0.000000 31,315 03 May 2024 Common Stock 19,851 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 common stock of PNM Resources, Inc.
F2 Subject to the reporting person's continued employment through the applicable vesting date, one-third of the restricted stock units will vest on December 1, 2024, and the remaining two-thirds of the restricted stock units will vest on December 1, 2025.