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: 3/8/2023ACC: 0001562180-23-002627

InsiderAPODACA PATRICK VCIK 1478313

→

IssuerTXNM ENERGY INCCIK 1108426

Officer· SVP, GEN COUNSEL & SECY

Since Mar 2019

-906.00

Net shares

Net seller

$44.2K

Total sold

Open market trades

0B · 0S

Total transactions

2K acquired · 2.91K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+720.00

Price / share

—

Trade value

—

% of position

0.8%

3/7/2023

85.61K→86.33K

Common Stock

Direct

F · Tax Withholding

−326.00

Price / share

$48.80

Trade value

$15.91K

% of position

0.4%

3/7/2023

86.33K→86K

Common Stock

Direct

M · Option Exercise

+658.00

Price / share

—

Trade value

—

% of position

0.8%

3/7/2023

86K→86.66K

Common Stock

Direct

F · Tax Withholding

−298.00

Price / share

$48.80

Trade value

$14.54K

% of position

0.3%

3/7/2023

86.66K→86.36K

Common Stock

Direct

M · Option Exercise

+623.00

Price / share

—

Trade value

—

% of position

0.7%

3/7/2023

86.36K→86.98K

Common Stock

Direct

F · Tax Withholding

−282.00

Price / share

$48.80

Trade value

$13.76K

% of position

0.3%

3/7/2023

86.98K→86.70K

Total

Net shares

+1.09K

Net value

-$44.21K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/7/2023	M · Option Exercise	+720.00	—	—	0.8%	85.61K	86.33K
Common Stock Direct	3/7/2023	F · Tax Withholding	−326.00	$48.80	$15.91K	0.4%	86.33K	86K
Common Stock Direct	3/7/2023	M · Option Exercise	+658.00	—	—	0.8%	86K	86.66K
Common Stock Direct	3/7/2023	F · Tax Withholding	−298.00	$48.80	$14.54K	0.3%	86.66K	86.36K
Common Stock Direct	3/7/2023	M · Option Exercise	+623.00	—	—	0.7%	86.36K	86.98K
Common Stock Direct	3/7/2023	F · Tax Withholding	−282.00	$48.80	$13.76K	0.3%	86.98K	86.70K
Total			+1.09K		-$44.21K

Derivative Transactions3

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

720.00 shares

−720.00

Strike price

Held after

5.42K

Exercisable

—

3/7/2023

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

658.00 shares

−658.00

Strike price

Held after

4.77K

Exercisable

—

3/7/2023

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

623.00 shares

−623.00

Strike price

Held after

4.14K

Exercisable

—

3/7/2023

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Rights Direct	Common Stock720.00 shares	3/7/2023	M · Option Exercise	−720.00	—	5.42K
Restricted Stock Rights Direct	Common Stock658.00 shares	3/7/2023	M · Option Exercise	−658.00	—	4.77K
Restricted Stock Rights Direct	Common Stock623.00 shares	3/7/2023	M · Option Exercise	−623.00	—	4.14K