Jason Michael Ryan - 18 Jul 2023 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Role: EVP, Reg. Svcs. & Gov. Affairs
Signature: By Vincent A. Mercaldi, Attorney-in-Fact
Issuer symbol: CNP
Transactions as of: 18 Jul 2023
Net transactions value: $0
Form type: 4
Filing time: 20 Jul 2023, 17:02:11 UTC
Previous filing: 22 Feb 2023
Next filing: 20 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CNP	Common Stock	Award	$0	+4,671	+5.5%	$0.000000	89,215	18 Jul 2023	Direct	F1, F2
holding	CNP	Common Stock						3,615	18 Jul 2023	By Savings Plan

* 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 his earlier disability or death, or (iii) on a pro-rata basis upon his earlier retirement unless he 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) 9,358 RSUs previously awarded under the Plan and vesting in February 2024, (ii) 7,824 RSUs previously awarded under the Plan and vesting in February 2025, and (iii) 8,754 RSUs previously awarded under the Plan and vesting in February 2026. The above awards shall vest (i) if the Reporting Person continues to be an employee of Issuer from grant date through vesting date, (ii) in the event of his disability or death or (iii) on a pro-rata basis in the event of his retirement unless he satisfies various conditions for full vesting. 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.

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 his earlier disability or death, or (iii) on a pro-rata basis upon his earlier retirement unless he 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) 9,358 RSUs previously awarded under the Plan and vesting in February 2024, (ii) 7,824 RSUs previously awarded under the Plan and vesting in February 2025, and (iii) 8,754 RSUs previously awarded under the Plan and vesting in February 2026. The above awards shall vest (i) if the Reporting Person continues to be an employee of Issuer from grant date through vesting date, (ii) in the event of his disability or death or (iii) on a pro-rata basis in the event of his retirement unless he satisfies various conditions for full vesting. 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.