0001562180-21-002104.txt : 20210309
0001562180-21-002104.hdr.sgml : 20210309
20210309184832
ACCESSION NUMBER: 0001562180-21-002104
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210305
FILED AS OF DATE: 20210309
DATE AS OF CHANGE: 20210309
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Darnell Ronald N.
CENTRAL INDEX KEY: 0001536511
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32462
FILM NUMBER: 21727482
MAIL ADDRESS:
STREET 1: 414 SILVER AVE SW MS 1275
CITY: ALBUQUERQUE
STATE: NM
ZIP: 87102-3289
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
2021-03-05
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
2021-03-05
4
M
false
7544.00
0.00
A
35969.00
D
Common Stock
2021-03-05
4
F
false
2359.00
47.42
D
33610.00
D
Common Stock
2021-03-05
4
M
false
573.00
0.00
A
34183.00
D
Common Stock
2021-03-05
4
F
false
174.00
47.42
D
34009.00
D
Common Stock
2021-03-05
4
M
false
508.00
0.00
A
34517.00
D
Common Stock
2021-03-05
4
F
false
154.00
47.42
D
34363.00
D
Common Stock
2021-03-05
4
M
false
477.00
0.00
A
34840.00
D
Common Stock
2021-03-05
4
F
false
145.00
47.42
D
34695.00
D
Restricted Stock Rights
2021-03-05
4
A
false
1625.00
0.00
A
Common Stock
1625.00
4677.00
D
Restricted Stock Rights
2021-03-05
4
M
false
573.00
0.00
D
Common Stock
573.00
4104.00
D
Restricted Stock Rights
2021-03-05
4
M
false
508.00
0.00
D
Common Stock
508.00
3596.00
D
Restricted Stock Rights
2021-03-05
4
M
false
477.00
0.00
D
Common Stock
477.00
3119.00
D
The performance shares were earned as of December 31, 2020 for the 2018-2020 performance period, and settled on March 5, 2020.
Represents shares withheld by PNM Resources, Inc. to satisfy the tax withholding obligations arising in connection with the settlement of equity awards. The company utilizes a modified "share withholding" approach in connection with settling equity awards, 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 equity awards at the prevailing market price. Only these "net shares" are delivered to the recipient of the equity awards.
Represents the portions of previous awards of restricted stock rights that vested effective as of March 5, 2021.
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/ Angela L. Pino, POA for Ronald N. Darnell
2021-03-09