ELDRED CHARLES N

PrivateCIK: 1350048

Location

ALBUQUERQUE, NM

ELDRED CHARLES N (EVP, CFO) exercised options at TXNM ENERGY INC

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

M · 3 exercises

ELDRED CHARLES N

Filed: 3/10/2020ACC: 0001562180-20-002347

InsiderELDRED CHARLES NCIK 1350048

→

IssuerTXNM ENERGY INCCIK 1108426

Officer· EVP, CFO

Since Mar 2019

-1.80K

Net shares

Net seller

$93.1K

Total sold

0

Open market trades

0B · 0S

9

Total transactions

4.06K acquired · 5.85K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

Shares

+1.45K

Price / share

—

Trade value

—

% of position

1.3%

3/6/2020

112.46K→113.91K

Common Stock

Direct

F · Tax Withholding

Shares

−642.00

Price / share

$51.83

Trade value

$33.27K

% of position

0.6%

3/6/2020

113.91K→113.26K

Common Stock

Direct

M · Option Exercise

Shares

+1.39K

Price / share

—

Trade value

—

% of position

1.2%

3/6/2020

113.26K→114.65K

Common Stock

Direct

F · Tax Withholding

Shares

−615.00

Price / share

$51.83

Trade value

$31.88K

% of position

0.5%

3/6/2020

114.65K→114.04K

Common Stock

Direct

M · Option Exercise

Shares

+1.22K

Price / share

—

Trade value

—

% of position

1.1%

3/6/2020

114.04K→115.26K

Common Stock

Direct

F · Tax Withholding

Shares

−540.00

Price / share

$51.83

Trade value

$27.99K

% of position

0.5%

3/6/2020

115.26K→114.72K

Total

Net shares

+2.26K

Net value

-$93.14K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/6/2020	M · Option Exercise	+1.45K	—	—	1.3%	112.46K	113.91K
Common Stock Direct	3/6/2020	F · Tax Withholding	−642.00	$51.83	$33.27K	0.6%	113.91K	113.26K
Common Stock Direct	3/6/2020	M · Option Exercise	+1.39K	—	—	1.2%	113.26K	114.65K
Common Stock Direct	3/6/2020	F · Tax Withholding	−615.00	$51.83	$31.88K	0.5%	114.65K	114.04K
Common Stock Direct	3/6/2020	M · Option Exercise	+1.22K	—	—	1.1%	114.04K	115.26K
Common Stock Direct	3/6/2020	F · Tax Withholding	−540.00	$51.83	$27.99K	0.5%	115.26K	114.72K
Total			+2.26K		-$93.14K

Derivative Transactions3

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

1.22K shares

Shares

−1.22K

Strike price

Held after

10.16K

Exercisable

—

3/6/2020

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

1.45K shares

Shares

−1.45K

Strike price

Held after

8.71K

Exercisable

—

3/6/2020

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

1.39K shares

Shares

−1.39K

Strike price

Held after

1.39K

Exercisable

—

3/6/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Rights Direct	Common Stock1.22K shares	3/6/2020	M · Option Exercise	−1.22K		—	10.16K
Restricted Stock Rights Direct	Common Stock1.45K shares	3/6/2020	M · Option Exercise	−1.45K		—	8.71K
Restricted Stock Rights Direct	Common Stock1.39K shares	3/6/2020	M · Option Exercise	−1.39K		—	1.39K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)1

Phantom Stock Shares

Indirect

Underlying security

Common Stock

Underlying shares

7.37K

Shares owned

7.37K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

7.37K

Owned

7.37K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Phantom Stock Shares Indirect	Common Stock		—	—	7.37K	7.37K
Total					7.37K	7.37K

ELDRED CHARLES N — Insider Transaction (Form 4) Filed Mar 10, 2020 | Finecho