Jason Michael Ryan - Feb 22, 2022 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Signature
Vincent A. Mercaldi, Attorney-in-Fact
Stock symbol
CNP
Transactions as of
Feb 22, 2022
Transactions value $
-$46,784
Form type
4
Date filed
2/24/2022, 03:24 PM
Previous filing
Feb 22, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction CNP Common Stock Award $0 +7.11K +16.61% $0.00 49.9K Feb 22, 2022 Direct F1
transaction CNP Common Stock Tax liability -$46.8K -1.72K -3.44% $27.20 48.2K Feb 22, 2022 Direct F2, F3
holding CNP Common Stock 3.48K Feb 22, 2022 By Savings Plan F4

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) 9,262 time-based restricted stock units ("RSUs") previously awarded under the Plan and vesting in February 2023, (ii) 9,358 RSUs previously awarded under the Plan and vesting in February 2024, and (iii) 7,824 RSUs previously awarded under the Plan and vesting in February 2025. The above awards shall vest (i) if the Restricted Person continues to be an employee of Issuer from grant date through vesting date and (ii) in the event of his disability or death. Also, the above awards shall vest on a pro-rata basis in the event of his retirement unless he 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.
F4 Equivalent shares held in CenterPoint Energy, Inc. Savings Plan.