0001562180-19-001760.txt : 20190306 0001562180-19-001760.hdr.sgml : 20190306 20190306151729 ACCESSION NUMBER: 0001562180-19-001760 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190304 FILED AS OF DATE: 20190306 DATE AS OF CHANGE: 20190306 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: 19662281 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 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 4 1 primarydocument.xml PRIMARY DOCUMENT X0306 4 2019-03-04 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 2019-03-04 4 A false 26943.00 A 471970.00 D Common Stock 2019-03-04 4 F false 11923.00 44.76 D 460047.00 D Restricted Stock Rights 2019-03-04 4 A false 13047.00 0.00 A Common Stock 13047.00 42618.00 D The performance shares were earned as of December 31, 2018 for the 2016-2018 performance period, and settled on March 4, 2019. Represents shares withheld by PNM Resources, Inc. to satisfy the tax withholding obligations arising in connection with the settlement of the performance share award described in (1) above. The company utilizes a modified "share withholding" approach in connection with settling awards of performance shares, 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 performance share award at the prevailing market price. Only these "net shares" are delivered to the recipient of the performance share 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 beginning one year from March 7, 2019. 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). /s/ Angela L. Pino, POA for Patricia K. Collawn 2019-03-06