SEC Form 4 · accession 0001562180-16-002377
TXNM ENERGY INC · TXNM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Maureen T Mullarkey
Director
Period of report
May 17, 2016
Accepted (ET)
May 18, 2016 · 1:16 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 Stock | holding | — | — | — | 2,496 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | — | May 17, 2016 | A | 2,339 | A | — | — | Common Stock | 2,339 | 4,978 | D |
Explanation of responses
- F1Each restricted stock right represents a contingent right to receive one share of PNM Resources, Inc. common stock.
- F2The restricted stock units vest in three equal annual installments beginning May 17, 2017. 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).