X0306 4 2018-05-22 false 0001108426 PNM RESOURCES INC PNM 0001199548 WILKINSON BRUCE W 715 HUNTERS GROVE LANE HOUSTON TX 77024 true false false false Common Stock 2018-05-22 4 A false 2344.00 0.00 A 44958.00 D Restricted Stock Rights Common Stock 779.00 779.00 D Stock Options Common Stock 1000.00 1000.00 D These shares represent restricted stock units granted on May 22, 2018 that will vest on May 22, 2019 and be settled in common stock upon or after vesting (and delivered in accordance with any elections made under the Director Deferred Rights Program), provided that if vesting or any applicable deferred delivery dates occur during a blackout period, the vested shares will be delivered at a later date after such blackout period ends. 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 from grant date. 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). Based on the closing price on the date of the grant. The options vest in three equal annual installments from grant date. /s/ Angela L. Pino, POA for Bruce W. Wilkinson 2018-05-23