Kara G. Ryan - Feb 15, 2023 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Role: Vice President and CAO
Signature: Vincent A. Mercaldi, Attorney-in-Fact
Stock symbol: CNP
Transactions as of: Feb 15, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/17/2023, 03:36 PM
Previous filing: Aug 26, 2022
Next filing: Feb 22, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CNP	Common Stock	Award	$0	+2K	+53.14%	$0.00	5.75K	Feb 15, 2023	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Time-based restricted stock units ("RSUs") awarded under the Issuer's Long-Term Incentive Plan (the "Plan") and vesting (i) in February 2026 if the Reporting Person ("R.P.") continues to be an employee of Issuer from the grant date through the vesting date, (ii) in the event of her earlier disability or death, or (iii) on a pro-rata basis upon her earlier retirement unless she satisfies various conditions for full vesting, provided, however, that 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.
F2	Total includes (i) 707 time-based restricted stock units ("RSUs") previously awarded under the Issuer's Long-term Incentive Plan (the "Plan") and vesting in February 2023, (ii) 848 RSUs previously awarded under the Plan and vesting in February 2024, and (iii) 1,255 RSUs previously awarded under the Plan and vesting in February 2025. The above awards shall vest (a) if the R.P. continues to be an employee of Issuer from grant date through vesting date and (b) in the event of her disability or death. However, for shares vesting in February 2024 and 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.

Content

Time-based restricted stock units ("RSUs") awarded under the Issuer's Long-Term Incentive Plan (the "Plan") and vesting (i) in February 2026 if the Reporting Person ("R.P.") continues to be an employee of Issuer from the grant date through the vesting date, (ii) in the event of her earlier disability or death, or (iii) on a pro-rata basis upon her earlier retirement unless she satisfies various conditions for full vesting, provided, however, that 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.

Total includes (i) 707 time-based restricted stock units ("RSUs") previously awarded under the Issuer's Long-term Incentive Plan (the "Plan") and vesting in February 2023, (ii) 848 RSUs previously awarded under the Plan and vesting in February 2024, and (iii) 1,255 RSUs previously awarded under the Plan and vesting in February 2025. The above awards shall vest (a) if the R.P. continues to be an employee of Issuer from grant date through vesting date and (b) in the event of her disability or death. However, for shares vesting in February 2024 and 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.