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