Martin H. Nesbitt - 16 Aug 2022 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Role: Director
Signature: Vincent A. Mercaldi, Attorney-in-Fact
Issuer symbol: CNP
Transactions as of: 16 Aug 2022
Net transactions value: $0
Form type: 4
Filing time: 18 Aug 2022, 16:31:14 UTC
Previous filing: 25 Jul 2022
Next filing: 03 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CNP	Common Stock	Other		+19,096			19,096	16 Aug 2022	See footnote	F1, F2
holding	CNP	Common Stock						11,476	16 Aug 2022	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares were previously reported as directly beneficially owned by the Reporting Person, but were contributed on or around September 1, 2020 to MN-CE, LLC, a limited liability company for which the Reporting Person is the sole manager (the "LLC"). The sole member of the LLC was a grantor retained annuity trust, for which the Reporting Person is the sole trustee and annuitant. In satisfaction of a required annuity payment from the grantor retained annuity trust, on September 9, 2021, a portion of the interests in the limited liability company were distributed from the grantor retained annuity trust to the Reporting Person. On August 16, 2022, the Reporting Person, through the Reporting Person's revocable trust (the "Revocable Trust"), purchased all of the outstanding interests in the LLC held by the grantor retained annuity trust in exchange for a promissory note in the amount of $432,253.61.
F2	Effective as of August 16, 2022, the Reporting Person is the sole manager of the LLC, and the Revocable Trust is the sole member of the LLC. The Reporting Person is the sole Trustee of the Revocable Trust.

Content

These shares were previously reported as directly beneficially owned by the Reporting Person, but were contributed on or around September 1, 2020 to MN-CE, LLC, a limited liability company for which the Reporting Person is the sole manager (the "LLC"). The sole member of the LLC was a grantor retained annuity trust, for which the Reporting Person is the sole trustee and annuitant. In satisfaction of a required annuity payment from the grantor retained annuity trust, on September 9, 2021, a portion of the interests in the limited liability company were distributed from the grantor retained annuity trust to the Reporting Person. On August 16, 2022, the Reporting Person, through the Reporting Person's revocable trust (the "Revocable Trust"), purchased all of the outstanding interests in the LLC held by the grantor retained annuity trust in exchange for a promissory note in the amount of $432,253.61.

Effective as of August 16, 2022, the Reporting Person is the sole manager of the LLC, and the Revocable Trust is the sole member of the LLC. The Reporting Person is the sole Trustee of the Revocable Trust.