Jason P. Wells - Feb 15, 2022 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Role: EVP & CFO
Signature: By Vincent A. Mercaldi, Attorney-in-Fact
Stock symbol: CNP
Transactions as of: Feb 15, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/17/2022, 05:12 PM
Previous filing: Sep 29, 2021
Next filing: Sep 30, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Ownership	Footnotes
transaction	CNP	Common Stock	Award	$0	+16.2K	+16.39%	$0.00	115K	Feb 15, 2022	Direct	F1, F2

Explanation of Responses:

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	Includes 26,288 RSUs awarded under the Plan and vesting in September 2022. R.P. must remain an Issuer employee through vesting dates. Also, includes 25,631 RSUs awarded under the Plan and vesting in September 2023 if (i) R.P. remains an Issuer employee through vesting date, (ii) in event of earlier disability or death, or (iii) on pro-rata basis upon earlier retirement unless full vesting conditions satisfied. Also, includes 19,209 RSUs awarded under the Plan and vesting (i) in February 2024 if R.P. remains an Issuer employee through vesting date, (ii) in event of earlier disability or death, or (iii) on pro-rata basis upon earlier retirement unless full vesting conditions satisfied; provided, vesting is conditioned on positive operating income in last full calendar year of restricted period except in case of death or disability.

Content

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.

Includes 26,288 RSUs awarded under the Plan and vesting in September 2022. R.P. must remain an Issuer employee through vesting dates. Also, includes 25,631 RSUs awarded under the Plan and vesting in September 2023 if (i) R.P. remains an Issuer employee through vesting date, (ii) in event of earlier disability or death, or (iii) on pro-rata basis upon earlier retirement unless full vesting conditions satisfied. Also, includes 19,209 RSUs awarded under the Plan and vesting (i) in February 2024 if R.P. remains an Issuer employee through vesting date, (ii) in event of earlier disability or death, or (iii) on pro-rata basis upon earlier retirement unless full vesting conditions satisfied; provided, vesting is conditioned on positive operating income in last full calendar year of restricted period except in case of death or disability.