0001562180-20-002247.txt : 20200305
0001562180-20-002247.hdr.sgml : 20200305
20200305174326
ACCESSION NUMBER: 0001562180-20-002247
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200303
FILED AS OF DATE: 20200305
DATE AS OF CHANGE: 20200305
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: 20691906
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
2020-03-03
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
2020-03-03
4
A
false
102505.00
0.00
A
595988.00
D
Common Stock
2020-03-03
4
F
false
45356.00
49.08
D
550632.00
D
Restricted Stock Rights
2020-03-03
4
A
false
12652.00
0.00
A
Common Stock
12652.00
40669.00
D
The performance shares were earned as of December 31, 2019 and settled on March 3, 2020: (1) 66,599 shares earned for the 2017-2019 performance period and (2) 35,906 shares earned under a special performance based retention award.
Represents shares withheld by PNM Resources, Inc. to satisfy the tax withholding obligations arising in connection with the settlement of the performance share awards 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, 2020. 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
2020-03-05