DARNELL RONALD N. (SVP, PUBLIC POLICY) exercised options at TXNM ENERGY INC

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

M · 3 exercises

DARNELL RONALD N.

Filed: 3/9/2022ACC: 0001562180-22-002458

InsiderDARNELL RONALD N.CIK 1536511

→

IssuerTXNM ENERGY INCCIK 1108426

Officer· SVP, PUBLIC POLICY

Since Mar 2019

-463.00

Net shares

Net seller

$21.3K

Total sold

Open market trades

0B · 0S

Total transactions

1.53K acquired · 1.99K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+541.00

Price / share

—

Trade value

—

% of position

1.4%

3/7/2022

38.04K→38.59K

Common Stock

Direct

F · Tax Withholding

−164.00

Price / share

$46.11

Trade value

$7.56K

% of position

0.4%

3/7/2022

38.59K→38.42K

Common Stock

Direct

M · Option Exercise

+509.00

Price / share

—

Trade value

—

% of position

1.3%

3/7/2022

38.42K→38.93K

Common Stock

Direct

F · Tax Withholding

−154.00

Price / share

$46.11

Trade value

$7.10K

% of position

0.4%

3/7/2022

38.93K→38.78K

Common Stock

Direct

M · Option Exercise

+477.00

Price / share

—

Trade value

—

% of position

1.2%

3/7/2022

38.78K→39.25K

Common Stock

Direct

F · Tax Withholding

−145.00

Price / share

$46.11

Trade value

$6.69K

% of position

0.4%

3/7/2022

39.25K→39.11K

Total

Net shares

+1.06K

Net value

-$21.35K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/7/2022	M · Option Exercise	+541.00	—	—	1.4%	38.04K	38.59K
Common Stock Direct	3/7/2022	F · Tax Withholding	−164.00	$46.11	$7.56K	0.4%	38.59K	38.42K
Common Stock Direct	3/7/2022	M · Option Exercise	+509.00	—	—	1.3%	38.42K	38.93K
Common Stock Direct	3/7/2022	F · Tax Withholding	−154.00	$46.11	$7.10K	0.4%	38.93K	38.78K
Common Stock Direct	3/7/2022	M · Option Exercise	+477.00	—	—	1.2%	38.78K	39.25K
Common Stock Direct	3/7/2022	F · Tax Withholding	−145.00	$46.11	$6.69K	0.4%	39.25K	39.11K
Total			+1.06K		-$21.35K

Derivative Transactions3

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

541.00 shares

−541.00

Strike price

Held after

4.35K

Exercisable

—

3/7/2022

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

509.00 shares

−509.00

Strike price

Held after

3.84K

Exercisable

—

3/7/2022

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

477.00 shares

−477.00

Strike price

Held after

3.36K

Exercisable

—

3/7/2022

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Rights Direct	Common Stock541.00 shares	3/7/2022	M · Option Exercise	−541.00	—	4.35K
Restricted Stock Rights Direct	Common Stock509.00 shares	3/7/2022	M · Option Exercise	−509.00	—	3.84K
Restricted Stock Rights Direct	Common Stock477.00 shares	3/7/2022	M · Option Exercise	−477.00	—	3.36K