X0306 4 2016-03-16 false 0001108426 PNM RESOURCES INC PNM 0001536511 Darnell Ronald N. CORPORATE HEADQUARTERS MS1275 ALBUQUERQUE NM 87158-1275 false true false false SVP, PUBLIC POLICY Common Stock 2016-03-16 4 S false 113.00 33.05 D 26377.00 D Restricted Stock Rights Common Stock 3928.00 3928.00 D Represents additional shares sold in the open market to satisfy the reporting persons tax obligations arising in connection with the recent vesting of equity awards referenced in the March 4, 2016 and March 8, 2016 Forms 4 filed by the reporting person, in addition to the minimum statutory tax withholding for the vesting of such equity awards. 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). /s/ Laurie S. Monfiletto, POA for Ronald N. Darnell 2016-03-17