Joseph Don Tarry - May 3, 2024 Form 4 Insider Report for PNM RESOURCES INC (PNM)

Role
President and COO
Signature
/s/ Angela L. Pino, POA for Joseph Don Tarry
Stock symbol
PNM
Transactions as of
May 3, 2024
Transactions value $
$0
Form type
4
Date filed
5/6/2024, 05:30 PM
Previous filing
Mar 8, 2024

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 Restricted Stock Rights Award $0 +19.9K +173.16% $0.00 31.3K May 3, 2024 Common Stock 19.9K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock right represents a contingent right to receive one share of common stock of PNM Resources, Inc.
F2 Subject to the reporting person's continued employment through the applicable vesting date, one-third of the restricted stock units will vest on December 1, 2024, and the remaining two-thirds of the restricted stock units will vest on December 1, 2025.