SEC Form 4 · accession 0001562180-18-001662
TXNM ENERGY INC · TXNM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald K Schwanz
Director
Period of report
Mar 16, 2018
Accepted (ET)
Mar 19, 2018 · 3:12 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 | Mar 16, 2018 | M | 1,000 | $9.43 | A | 30,320 | D | |
| Common Stock | Mar 16, 2018 | M | 1,000 | $12.71 | A | 31,320 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF1,F2 | $9.43 | Mar 16, 2018 | M | 1,000 | D | — | — | Common Stock | 1,000 | 1,000 | D |
| Stock OptionsF1,F2 | $12.71 | Mar 16, 2018 | M | 1,000 | D | — | — | Common Stock | 1,000 | 0 | D |
| Restricted Stock RightsF3,F4 | — | holding | — | — | — | — | — | Common Stock | 2,486 | 2,486 | D |
Explanation of responses
- F1Based on the closing price on the date of the grant.
- F2The options vested in three equal annual installments from grant date and are fully vested.
- F3Each restricted stock right represents a contingent right to receive one share of PNM Resources, Inc. common stock.
- F4The 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).