Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CNP | Common Stock | Award | $0 | +78.9K | +10.91% | $0.00 | 802K | Feb 15, 2022 | Direct | F1 |
transaction | CNP | Common Stock | Award | $0 | +400K | +49.89% | $0.00 | 1.2M | Feb 16, 2022 | Direct | F2, F3, F4 |
Id | Content |
---|---|
F1 | Time-based restricted stock units ("RSUs") awarded under the Issuer's Long-Term Incentive Plan (the "Plan") and vesting (i) in February 2025 if the Reporting Person ("R.P.") continues to be an employee of Issuer from the grant date through the vesting date, (ii) in the event of his earlier disability or death, or (iii) on a pro-rata basis upon his earlier retirement unless he satisfies various conditions for full vesting, provided, however, that any such vesting is conditioned upon positive operating income in the last full calendar year of the restricted period except in the case of death or disability. |
F2 | Reflects the award of RSUs under the Plan vesting (a) in December 2023 if the R.P. continues to be an employee of Issuer from the grant date through the vesting date; (b) in the event of the R.P.'s earlier disability or death; or (c) upon the R.P.'s termination of employment without cause or the R.P.'s resignation for good reason. |
F3 | Includes (i) 17,298 RSUs awarded under the Plan and vesting in July 2022, and (ii) 17,298 RSUs awarded under the Plan and vesting in July 2023. R.P. must remain an employee through vesting dates. Also includes 109,289 RSUs awarded under the Plan and vesting (i) in July 2023 if R.P. remains an employee through vesting date; (ii) upon earlier disability or death; or (iii) on a pro-rata basis upon earlier retirement unless full vesting conditions satisfied. Also includes 93,119 RSUs awarded under the Plan and vesting (i) February 2024 if R.P. remains an employee through vesting date, (ii) upon earlier disability or death, or (iii) on a pro-rata basis upon earlier retirement unless full vesting conditions satisfied; provided, vesting is conditioned on positive operating income in last full year of restricted period except in case of death or disability. |
F4 | Also includes 400,000 RSUs awarded under the Plan and vesting (i) in December 2022 if R.P. continues to be an employee of Issuer from the grant date; (ii) in the event of the R.P.'s earlier disability or death; or (iii) upon the R.P.'s termination of employment without cause or the R.P.'s resignation for good reason. |