Jason P. Wells - Sep 28, 2022 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Role
EVP & CFO
Signature
By Vincent A. Mercaldi, Attorney-in-Fact
Stock symbol
CNP
Transactions as of
Sep 28, 2022
Transactions value $
-$246,929
Form type
4
Date filed
9/30/2022, 04:32 PM
Previous filing
Feb 17, 2022
Next filing
Dec 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNP Common Stock Tax liability -$247K -8.19K -7.14% $30.15 107K Sep 28, 2022 Direct F1, F2
* 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 payment of time-based restricted stock units.
F2 Total includes (i) 25,631 time-based restricted stock units ("RSUs") previously awarded under the Issuer's Long-term Incentive Plan (the "Plan") and vesting in September 2023, (ii) 19,209 RSUs previously awarded under the Plan and vesting in February 2024, and (iii) 16,154 RSUs previously awarded under the plan and vesting in February 2025. The above awards shall vest (a) if the Restricted Person continues to be an employee of Issuer from grant date through vesting date, (b) in the event of her disability or death, or (c) on pro-rata basis upon retirement unless full vesting conditions satisfied. 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.