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: 3/9/2022ACC: 0001562180-22-002454

InsiderELDRED CHARLES NCIK 1350048

→

IssuerTXNM ENERGY INCCIK 1108426

Officer· EVP, CFO

Since Mar 2019

-1.12K

Net shares

Net seller

$51.8K

Total sold

Open market trades

0B · 0S

Total transactions

3.71K acquired · 4.83K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+1.35K

Price / share

—

Trade value

—

% of position

1.0%

3/7/2022

137.75K→139.10K

Common Stock

Direct

F · Tax Withholding

−408.00

Price / share

$46.11

Trade value

$18.81K

% of position

0.3%

3/7/2022

139.10K→138.69K

Common Stock

Direct

M · Option Exercise

+1.22K

Price / share

—

Trade value

—

% of position

0.9%

3/7/2022

138.69K→139.91K

Common Stock

Direct

F · Tax Withholding

−369.00

Price / share

$46.11

Trade value

$17.01K

% of position

0.3%

3/7/2022

139.91K→139.54K

Common Stock

Direct

M · Option Exercise

+1.15K

Price / share

—

Trade value

—

% of position

0.8%

3/7/2022

139.54K→140.69K

Common Stock

Direct

F · Tax Withholding

−347.00

Price / share

$46.11

Trade value

$16K

% of position

0.2%

3/7/2022

140.69K→140.34K

Total

Net shares

+2.58K

Net value

-$51.83K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/7/2022	M · Option Exercise	+1.35K	—	—	1.0%	137.75K	139.10K
Common Stock Direct	3/7/2022	F · Tax Withholding	−408.00	$46.11	$18.81K	0.3%	139.10K	138.69K
Common Stock Direct	3/7/2022	M · Option Exercise	+1.22K	—	—	0.9%	138.69K	139.91K
Common Stock Direct	3/7/2022	F · Tax Withholding	−369.00	$46.11	$17.01K	0.3%	139.91K	139.54K
Common Stock Direct	3/7/2022	M · Option Exercise	+1.15K	—	—	0.8%	139.54K	140.69K
Common Stock Direct	3/7/2022	F · Tax Withholding	−347.00	$46.11	$16K	0.2%	140.69K	140.34K
Total			+2.58K		-$51.83K

Derivative Transactions3

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

1.35K shares

−1.35K

Strike price

Held after

11.51K

Exercisable

—

3/7/2022

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

1.22K shares

−1.22K

Strike price

Held after

10.29K

Exercisable

—

3/7/2022

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

1.15K shares

−1.15K

Strike price

Held after

9.14K

Exercisable

—

3/7/2022

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Rights Direct	Common Stock1.35K shares	3/7/2022	M · Option Exercise	−1.35K	—	11.51K
Restricted Stock Rights Direct	Common Stock1.22K shares	3/7/2022	M · Option Exercise	−1.22K	—	10.29K
Restricted Stock Rights Direct	Common Stock1.15K shares	3/7/2022	M · Option Exercise	−1.15K	—	9.14K