Gregory E. Knight - Aug 17, 2022 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Signature
Vincent A. Mercaldi, Attorney-in-Fact
Stock symbol
CNP
Transactions as of
Aug 17, 2022
Transactions value $
-$38,362
Form type
4
Date filed
8/19/2022, 05:02 PM
Previous filing
Feb 17, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNP Common Stock Tax liability -$38.4K -1.18K -1.98% $32.51 58.3K Aug 17, 2022 Direct F1, F2
holding CNP Common Stock 5.16K Aug 17, 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 Shares withheld for taxes upon vesting of fully-vested restricted stock units.
F2 Total includes 4,842 time-based restricted stock units ("RSUs") awarded under Issuer's Long-term Incentive Plan ("Plan") and vesting in August 2023. He must remain an employee of Issuer thru vesting date. Total also includes (i) 11,274 RSUs previously awarded under the Plan and vesting in August 2023, (ii) 10,894 RSUs previously awarded under the Plan and vesting in February 2024 and (iii) 9,362 RSUs previously awarded under the Plan and vesting in February 2025. The above awards shall vest (a) if he continues to be an employee of Issuer from grant date through vesting date, (b) in the event of his earlier disability or death or (c) on a pro-rata basis upon his earlier 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.
F3 Equivalent shares held in CenterPoint Energy, Inc. Savings Plan.