Kristie Colvin - Oct 5, 2023 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Signature
Vincent A. Mercaldi, Attorney-in-Fact
Stock symbol
CNP
Transactions as of
Oct 5, 2023
Transactions value $
$0
Form type
4
Date filed
10/6/2023, 04:51 PM
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNP Common Stock Award $0 +1.41K +1.44% $0.00 98.9K Oct 5, 2023 Direct F1, F2
holding CNP Common Stock 179 Oct 5, 2023 By son
holding CNP Common Stock 56 Oct 5, 2023 By Savings Plan F3
* 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") vesting (i) in February 2026 if the Reporting Person 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; (iii) in the event of her involuntary termination without cause; or (iv) on a pro-rata basis upon her earlier retirement unless she satisfies various conditions for full vesting. However, the vesting of the 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.
F2 Total includes (i) 4,472 RSUs previously awarded under the Issuer's Long-Term Incentive Plan ("Plan") and vesting in February 2024, (ii) 3,753 RSUs previously awarded under the Plan and vesting in February 2025, and (iii) 3,562 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. Also, the above awards shall vest on a pro-rata basis in the event of her retirement unless she 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.
F3 Equivalent shares held in CenterPoint Energy, Inc. Savings Plan.