SEC Form 4 · accession 0001108426-15-000085
TXNM ENERGY INC · TXNM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adelmo E Archuleta
Director
Period of report
May 15, 2015
Accepted (ET)
May 18, 2015 · 1:32 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 15, 2015 | M | 1,805 | — | A | 27,103 | 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 | 2,100 | 2,100 | D |
| Restricted Stock RightsF5,F6 | — | holding | — | — | — | — | — | Common Stock | 5,301 | 5,301 | D |
Explanation of responses
- F1Represents the portions of previous awards 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. On 5/17/15, 1,050 stock options expired and were canceled. The total number of Mr. Archuleta's stock options holdings has been reduced by that number.
- 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 from grant date. 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).