Louise Harkel Rumford - 22 Feb 2022 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Signature
Vincent A. Mercaldi, Attorney-in-Fact
Issuer symbol
CNP
Transactions as of
22 Feb 2022
Net transactions value
-$17,762
Form type
4
Filing time
24 Feb 2022, 15:23:10 UTC
Previous filing
22 Feb 2022
Next filing
17 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNP Common Stock Award $0 +2,400 +5.6% $0.000000 45,102 22 Feb 2022 Direct F1
transaction CNP Common Stock Tax liability $17,762 -653 -1.4% $27.20 44,449 22 Feb 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of performance shares awarded in 2019 under the Issuer's Long-term Incentive Plan (the "Plan").
F2 Shares withheld for taxes upon vesting of performance shares.
F3 Total includes (i) 4,202 time-based restricted stock units ("RSUs") previously awarded under the Plan and vesting in February 2023, (ii) 6,904 RSUs previously awarded under the Plan and vesting in February 2024, and (iii) 6,206 RSUs previously awarded under the Plan and vesting in February 2025. The above awards shall vest (a) if the Reporting Person continues to be an employee of Issuer from grant date through vesting date and (b) in the event of her disability or death. Also, the above awards shall vest on a pro-rata basis in the event of her retirement unless she satisfies various conditions for full vesting. However, for shares vesting in February 2024 and February 2025, 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.