Monica Karuturi - 17 Feb 2023 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Signature
Vincent A. Mercaldi, Attorney-in-Fact
Issuer symbol
CNP
Transactions as of
17 Feb 2023
Net transactions value
-$285,060
Form type
4
Filing time
22 Feb 2023, 15:28:28 UTC
Previous filing
17 Feb 2023
Next filing
20 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNP Common Stock Award $0 +30,914 +52% $0.000000 90,187 17 Feb 2023 Direct F1
transaction CNP Common Stock Tax liability $223,427 -7,649 -8.5% $29.21 82,538 17 Feb 2023 Direct F2
transaction CNP Common Stock Tax liability $61,633 -2,110 -2.6% $29.21 80,428 21 Feb 2023 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of performance shares awarded in 2020 under the Issuer's Long-term Incentive Plan (the "Plan").
F2 Shares withheld for taxes upon vesting of performance shares.
F3 Shares withheld for taxes upon vesting of time-based restricted stock units.
F4 Total includes (i) 11,147 time-based restricted stock units ("RSUs") previously awarded under the Plan and vesting in February 2024, (ii) 10,245 RSUs previously awarded under the Plan and vesting in February 2025, and (iii) 15,620 RSUs previously awarded under the plan and vesting in February 2026. The above awards shall vest (a) if the Reporting Person continues to be an employee of Issuer from grant date through vesting date and (b) in the event of her disability or death. However, the vesting of each award is conditioned upon positive operating income in the last full calendar year of the restricted period except in the case of death or disability.