SEC Form 4 · accession 0001108426-15-000066
TXNM ENERGY INC · TXNM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joan B Woodard
Director
Period of report
May 12, 2015
Accepted (ET)
May 12, 2015 · 5:46 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 12, 2015 | M | 5,273 | — | A | 26,503 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2,F3,F4 | — | holding | — | — | — | — | — | Common Stock | 4,100 | 4,100 | D |
| Restricted Stock RightsF5,F6 | — | holding | — | — | — | — | — | Common Stock | 0 | 0 | D |
Explanation of responses
- F1Represents all previous awards of restricted stock rights that vested effective as of the date of Ms. Woodard's retirement from the Board (May 12, 2015).
- 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.
- F6All previous awards of restricted stock rights vested effective as of the date of Ms. Woodard's retirement from the Board (May 12, 2015).