0001562180-17-001194.txt : 20170308
0001562180-17-001194.hdr.sgml : 20170308
20170308133142
ACCESSION NUMBER: 0001562180-17-001194
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170307
FILED AS OF DATE: 20170308
DATE AS OF CHANGE: 20170308
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PNM RESOURCES INC
CENTRAL INDEX KEY: 0001108426
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911]
IRS NUMBER: 850019030
STATE OF INCORPORATION: NM
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 414 SILVER AVE. SW
CITY: ALBUQUERQUE
STATE: NM
ZIP: 87102-3289
BUSINESS PHONE: 5052412700
MAIL ADDRESS:
STREET 1: 414 SILVER AVE. SW
STREET 2: ATTN: MS 0905 - CATHY MARTINEZ
CITY: ALBUQUERQUE
STATE: NM
ZIP: 87102-3289
FORMER COMPANY:
FORMER CONFORMED NAME: MANZANO CORP
DATE OF NAME CHANGE: 20000303
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: COLLAWN PATRICIA K
CENTRAL INDEX KEY: 0001083786
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931]
STATE OF INCORPORATION: CO
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32462
FILM NUMBER: 17674634
MAIL ADDRESS:
STREET 1: 414 SILVER AVE SW MS 1275
CITY: ALBUQUERQUE
STATE: NM
ZIP: 87102-3289
FORMER NAME:
FORMER CONFORMED NAME: VINCENT PATRICIA K
DATE OF NAME CHANGE: 19990409
4
1
primarydocument.xml
PRIMARY DOCUMENT
X0306
4
2017-03-07
false
0001108426
PNM RESOURCES INC
PNM
0001083786
COLLAWN PATRICIA K
CORPORATE HEADQUARTERS
MS 1275
ALBUQUERQUE
NM
87158-1275
true
true
false
false
CHAIRMAN, PRESIDENT AND CEO
Common Stock
2017-03-07
4
M
false
4802.00
A
350440.00
D
Common Stock
2017-03-07
4
F
false
2250.00
36.40
D
348190.00
D
Restricted Stock Rights
2017-03-07
4
M
false
4802.00
0.00
D
Common Stock
4802.00
29016.00
D
Phantom Stock Shares
Common Stock
75585.00
75585.00
I
PNM Common Stock Fund - PNM Resources Executive Savings Plan
Stock Options
Common Stock
184000.00
184000.00
D
Represents the portions of previous awards of restricted stock rights that vested effective as of March 7, 2017.
The options expire 10 years from grant date.
Represents shares withheld by PNM Resources, Inc. to satisfy the tax withholding obligations arising in connection with the vesting and settlement of the restricted stock rights award described in (1) above. The company utilizes a modified "share withholding" approach in connection with settling awards of restricted stock rights, in which it (i) withholds (in cash) an amount to satisfy tax withholding obligations and remits such amount to the relevant tax authorities, and (ii) directs a designated broker to purchase on the open market the number of shares of the company's common stock that can be acquired with the after-tax value of the restricted stock right award at the prevailing market price. Only these "net shares" are delivered to the recipient of the vested restricted stock rights award.
Each restricted stock right represents a contingent right to receive one share of PNM Resources, Inc. common stock.
The 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).
The security converts to common stock on a one-for-one basis.
The phantom stock shares were acquired under the PNM Resources, Inc. Executive Savings Plan, and will settle upon the Reporting Person's retirement or other termination of service.
Total represents phantom stock shares of PNM Resources, Inc. Common Stock acquired under the PNM Resources, Inc. Executive Savings Plan II as of February 28, 2017.
Based on the closing price on the date of the grant.
The options vest in three equal annual installments from grant date.
/s/ Laurie S. Monfiletto, POA for Patricia K. Collawn
2017-03-08