0001562180-24-002194.txt : 20240305 0001562180-24-002194.hdr.sgml : 20240305 20240305120856 ACCESSION NUMBER: 0001562180-24-002194 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240301 FILED AS OF DATE: 20240305 DATE AS OF CHANGE: 20240305 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TARRY JOSEPH DON CENTRAL INDEX KEY: 0001637037 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32462 FILM NUMBER: 24719107 MAIL ADDRESS: STREET 1: 414 SILVER AVE SW MS 1205 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] ORGANIZATION NAME: 01 Energy & Transportation 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 1045 - ROBERT BISCHOFF 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 X0508 4 2024-03-01 false 0001108426 PNM RESOURCES INC PNM 0001637037 TARRY JOSEPH DON CORPORATE HEADQUARTERS MS1275 ALBUQUERQUE NM 87158-1275 false true false false President and COO false Common Stock 2024-03-01 4 M false 8064.00 0.00 A 33546.00 D Common Stock 2024-03-01 4 F false 3730.00 36.80 D 29816.00 D Restricted Stock Rights 2024-03-01 4 A false 7268.00 0.00 A Common Stock 7268.00 14642.00 D The performance shares were earned as of December 31, 2023 for the 2021-2023 performance period, and settled on March 1, 2024. 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 Joseph Don Tarry 2024-03-05