SEC Form 4 · accession 0001108426-15-000054
TXNM ENERGY INC · TXNM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan J Fohrer
Director
Period of report
May 8, 2015
Accepted (ET)
May 12, 2015 · 5:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001108426
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 8, 2015 | M | 950 | — | A | 6,941 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock RightsF2,F3 | — | May 12, 2015 | A | 2,783 | A | — | — | Common Stock | 2,783 | 7,106 | D |
Explanation of responses
- F1Represents the portion of a previous award of restricted stock rights that vested effective as of the applicable vesting date.
- F2Each restricted stock right represents a contingent right to receive one share of PNM Resources, Inc. common stock.
- F3The restricted stock units vest in three equal annual installments beginning May 12, 2016. 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).