SEC Form 4 · accession 0001108426-15-000060
TXNM ENERGY INC · TXNM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert R Nordhaus
Director
Period of report
May 8, 2015
Accepted (ET)
May 12, 2015 · 5:34 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 | 16,212 | 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 RightsF5,F6 | — | May 12, 2015 | A | 2,783 | A | — | — | Common Stock | 2,783 | 7,106 | D |
| Stock OptionsF2,F3,F4 | — | holding | — | — | — | — | — | Common Stock | 3,050 | 3,050 | D |
Explanation of responses
- F1Represents the portion of a previous award of restricted stock rights that vested effective as of the applicable vesting date.
- F2Based on the closing price on the date of the grant.
- F3The options vested in three equal annual installments from grant date and are fully vested.
- F4The options expire 10 years from grant date.
- F5Each restricted stock right represents a contingent right to receive one share of PNM Resources, Inc. common stock.
- F6The 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).