APODACA PATRICK V (SVP, GEN COUNSEL & SECY) exercised options at TXNM ENERGY INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

APODACA PATRICK V

Filed: 3/9/2022ACC: 0001562180-22-002453

InsiderAPODACA PATRICK VCIK 1478313

→

IssuerTXNM ENERGY INCCIK 1108426

Officer· SVP, GEN COUNSEL & SECY

Since Mar 2019

-885.00

Net shares

Net seller

$40.8K

Total sold

Open market trades

0B · 0S

Total transactions

1.95K acquired · 2.84K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+670.00

Price / share

—

Trade value

—

% of position

0.8%

3/7/2022

81.25K→81.92K

Common Stock

Direct

F · Tax Withholding

−304.00

Price / share

$46.11

Trade value

$14.02K

% of position

0.4%

3/7/2022

81.92K→81.61K

Common Stock

Direct

M · Option Exercise

+658.00

Price / share

—

Trade value

—

% of position

0.8%

3/7/2022

81.61K→82.27K

Common Stock

Direct

F · Tax Withholding

−298.00

Price / share

$46.11

Trade value

$13.74K

% of position

0.4%

3/7/2022

82.27K→81.97K

Common Stock

Direct

M · Option Exercise

+624.00

Price / share

—

Trade value

—

% of position

0.8%

3/7/2022

81.97K→82.60K

Common Stock

Direct

F · Tax Withholding

−283.00

Price / share

$46.11

Trade value

$13.05K

% of position

0.3%

3/7/2022

82.60K→82.31K

Total

Net shares

+1.07K

Net value

-$40.81K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/7/2022	M · Option Exercise	+670.00	—	—	0.8%	81.25K	81.92K
Common Stock Direct	3/7/2022	F · Tax Withholding	−304.00	$46.11	$14.02K	0.4%	81.92K	81.61K
Common Stock Direct	3/7/2022	M · Option Exercise	+658.00	—	—	0.8%	81.61K	82.27K
Common Stock Direct	3/7/2022	F · Tax Withholding	−298.00	$46.11	$13.74K	0.4%	82.27K	81.97K
Common Stock Direct	3/7/2022	M · Option Exercise	+624.00	—	—	0.8%	81.97K	82.60K
Common Stock Direct	3/7/2022	F · Tax Withholding	−283.00	$46.11	$13.05K	0.3%	82.60K	82.31K
Total			+1.07K		-$40.81K

Derivative Transactions3

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

670.00 shares

−670.00

Strike price

Held after

5.38K

Exercisable

—

3/7/2022

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

658.00 shares

−658.00

Strike price

Held after

4.72K

Exercisable

—

3/7/2022

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

624.00 shares

−624.00

Strike price

Held after

4.10K

Exercisable

—

3/7/2022

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Rights Direct	Common Stock670.00 shares	3/7/2022	M · Option Exercise	−670.00	—	5.38K
Restricted Stock Rights Direct	Common Stock658.00 shares	3/7/2022	M · Option Exercise	−658.00	—	4.72K
Restricted Stock Rights Direct	Common Stock624.00 shares	3/7/2022	M · Option Exercise	−624.00	—	4.10K