OLSON CHRIS M (SVP, UTILITY OPERATIONS) exercised options at TXNM ENERGY INC

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

M · 3 exercises

OLSON CHRIS M

Filed: 3/10/2020ACC: 0001562180-20-002352

InsiderOLSON CHRIS MCIK 1699190

→

IssuerTXNM ENERGY INCCIK 1108426

Officer· SVP, UTILITY OPERATIONS

Since Mar 2019

-546.00

Net shares

Net seller

$28.3K

Total sold

Open market trades

0B · 0S

Total transactions

1.23K acquired · 1.78K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+332.00

Price / share

—

Trade value

—

% of position

2.7%

3/6/2020

12.15K→12.48K

Common Stock

Direct

F · Tax Withholding

−147.00

Price / share

$51.83

Trade value

$7.62K

% of position

1.2%

3/6/2020

12.48K→12.33K

Common Stock

Direct

M · Option Exercise

+570.00

Price / share

—

Trade value

—

% of position

4.6%

3/6/2020

12.33K→12.90K

Common Stock

Direct

F · Tax Withholding

−253.00

Price / share

$51.83

Trade value

$13.11K

% of position

2.0%

3/6/2020

12.90K→12.65K

Common Stock

Direct

M · Option Exercise

+328.00

Price / share

—

Trade value

—

% of position

2.6%

3/6/2020

12.65K→12.98K

Common Stock

Direct

F · Tax Withholding

−146.00

Price / share

$51.83

Trade value

$7.57K

% of position

1.1%

3/6/2020

12.98K→12.83K

Total

Net shares

+684.00

Net value

-$28.30K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/6/2020	M · Option Exercise	+332.00	—	—	2.7%	12.15K	12.48K
Common Stock Direct	3/6/2020	F · Tax Withholding	−147.00	$51.83	$7.62K	1.2%	12.48K	12.33K
Common Stock Direct	3/6/2020	M · Option Exercise	+570.00	—	—	4.6%	12.33K	12.90K
Common Stock Direct	3/6/2020	F · Tax Withholding	−253.00	$51.83	$13.11K	2.0%	12.90K	12.65K
Common Stock Direct	3/6/2020	M · Option Exercise	+328.00	—	—	2.6%	12.65K	12.98K
Common Stock Direct	3/6/2020	F · Tax Withholding	−146.00	$51.83	$7.57K	1.1%	12.98K	12.83K
Total			+684.00		-$28.30K

Derivative Transactions3

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

328.00 shares

−328.00

Strike price

Held after

4.01K

Exercisable

—

3/6/2020

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

332.00 shares

−332.00

Strike price

Held after

3.68K

Exercisable

—

3/6/2020

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

570.00 shares

−570.00

Strike price

Held after

3.11K

Exercisable

—

3/6/2020

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Rights Direct	Common Stock328.00 shares	3/6/2020	M · Option Exercise	−328.00	—	4.01K
Restricted Stock Rights Direct	Common Stock332.00 shares	3/6/2020	M · Option Exercise	−332.00	—	3.68K
Restricted Stock Rights Direct	Common Stock570.00 shares	3/6/2020	M · Option Exercise	−570.00	—	3.11K