Charles N. Eldred - May 14, 2021 Form 4 Insider Report for PNM RESOURCES INC (PNM)

Role
EVP Corp Development & Finance
Signature
/s/ Angela L. Pino, POA for Charles N. Eldred
Stock symbol
PNM
Transactions as of
May 14, 2021
Transactions value $
$0
Form type
4
Date filed
5/17/2021, 05:52 PM
Next filing
Aug 17, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PNM Phantom Stock Shares Award $0 +49 +0.65% $0.00 7.61K May 14, 2021 Common Stock 49 PNM Common Stock Fund - PNM Resources Executive Savings Plan II F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The security converts to common stock on a one-for-one basis.
F2 Reflects the amount of phantom shares acquired under the PNM Resources, Inc. Executive Savings Plan II through notational dividend reinvestment on the cash dividend payment date of May 14, 2021.
F3 The phantom stock shares were acquired under the PNM Resources, Inc. Executive Savings Plan II, and will settle upon the Reporting Person's retirement or other termination of service.