Gregory E. Knight - Feb 15, 2022 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Signature
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, 05:14 PM
Previous filing
Jan 4, 2022
Next filing
Aug 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNP Common Stock Award $0 +9.36K +18.68% $0.00 59.5K Feb 15, 2022 Direct F1, F2
holding CNP Common Stock 4.94K Feb 15, 2022 By Savings Plan F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 Total includes (i) 4,843 RSUs awarded under the Plan and vesting in August 2022 and (ii) 4,842 RSUs vesting in August 2023. R.P. must remain an employee of Issuer thru applicable vesting dates. Also includes 11,274 RSUs vesting (a) in August 2023 if R.P. remains an employee of Issuer thru vesting date; (b) upon his earlier disability or death; or (c) on a pro-rata basis upon his earlier retirement unless he satisfies conditions for full vesting. Also includes 10,894 RSUs vesting (a) in February 2024 if R.P. remains an employee of Issuer thru vesting date; (b) upon his earlier disability or death; or (c) on a pro-rata basis upon his earlier retirement unless he satisfies conditions for full vesting, provided, any such vesting is conditioned on positive operating income in last full calendar year of restricted period except in case of death or disability.
F3 Equivalent shares held in CenterPoint Energy, Inc. Savings Plan.