0001562180-23-002095.txt : 20230301 0001562180-23-002095.hdr.sgml : 20230301 20230301185439 ACCESSION NUMBER: 0001562180-23-002095 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230228 FILED AS OF DATE: 20230301 DATE AS OF CHANGE: 20230301 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Monroy Henry E CENTRAL INDEX KEY: 0001801847 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32462 FILM NUMBER: 23695695 MAIL ADDRESS: STREET 1: 414 SILVER AVENUE SW STREET 2: MS1015 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 2023-02-28 false 0001108426 PNM RESOURCES INC PNM 0001801847 Monroy Henry E 414 SILVER AVENUE SW MS1015 ALBUQUERQUE NM 87102 false true false false VP & Corporate Controller Common Stock 2023-02-28 4 M false 2167.00 0.00 A 6875.00 D Common Stock 2023-02-28 4 F false 1026.00 49.00 D 5849.00 D Restricted Stock Rights 2023-02-28 4 A false 933.00 0.00 A Common Stock 933.00 2632.00 D The performance shares were earned as of December 31, 2022 for the 2020-2022 performance period, and settled on February 28, 2023. 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. 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 Henry E Monroy 2023-03-01 EX-24 2 poahenrymonroy2020.txt H MONROY 2020 POWER OF ATTORNEY Power of Attorney Know all by these presents, that the undersigned hereby constitutes and appoints each of Elisabeth A. Eden, Angela Pino, Donna Briggs, or any of them signing singly, to serve as my true and lawful attorney-in-fact to: (1) execute for me in my capacity as a Director and/or an Officer of PNM Resources, Inc. (?Company?), Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 (?1934 Act?) and the associated rules; (2) do and perform for me all acts which may be necessary or desirable to complete and execute Forms 3, 4, and 5, complete and execute any amendments, and timely file the forms with the Untied States Securities and Exchange Commission and the New York Stock Exchange, or similar authority; or (3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion. The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or his or her substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. I acknowledge that the attorneys-in-fact are serving at my request and neither they nor the Company are assuming any of my responsibilities to comply with Section 16 of the 1934 Act. This Power of Attorney shall remain in full force and effect until I am no longer required to file Forms 3, 4, and 5 with respect to my holdings of and transactions in securities issued by the Company, unless earlier revoked by me in a signed writing delivered to the Company. /s/ Henry E. Monroy Henry E. Monroy Dated: January 30, 2020