SEC Form 4 · accession 0001562180-17-002671
TXNM ENERGY INC · TXNM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald N. Darnell
Officer — SVP, PUBLIC POLICY
Period of report
Aug 11, 2017
Accepted (ET)
Aug 14, 2017 · 5:10 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 | Aug 11, 2017 | S | 5,000 | $40.97 | D | 24,053 | 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 | — | holding | — | — | — | — | — | Common Stock | 3,452 | 3,452 | D |
Explanation of responses
- F1Price represents a weighted average fill price ranging from 40.95 to 41.00.
- 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. 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).