Monica Karuturi - Feb 15, 2022 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Role: EVP and General Counsel
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, 05:20 PM
Next filing: Feb 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Ownership	Footnotes
transaction	CNP	Common Stock	Award	$0	+10.2K	+32.06%	$0.00	42.2K	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 her earlier disability or death, or (iii) on a pro-rata basis upon her earlier retirement unless she 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) 1,243 RSUs previously awarded under the Plan and vesting in February 2022, (ii) 6,624 RSUs previously awarded under the Plan and vesting in February 2023, and (iii) 11,147 RSUs previously awarded under the Plan and vesting in February 2024. The above awards shall vest (a) if the R.P. continues to be an employee of Issuer from grant date through vesting date and (b) in the event of her disability or death. However, for shares vesting in February 2024, 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.

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 her earlier disability or death, or (iii) on a pro-rata basis upon her earlier retirement unless she 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.

Total includes (i) 1,243 RSUs previously awarded under the Plan and vesting in February 2022, (ii) 6,624 RSUs previously awarded under the Plan and vesting in February 2023, and (iii) 11,147 RSUs previously awarded under the Plan and vesting in February 2024. The above awards shall vest (a) if the R.P. continues to be an employee of Issuer from grant date through vesting date and (b) in the event of her disability or death. However, for shares vesting in February 2024, 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.