David J. Lesar - Jan 2, 2024 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Signature
Vincent A. Mercaldi, Attorney-in-Fact
Stock symbol
CNP
Transactions as of
Jan 2, 2024
Transactions value $
-$6,704,878
Form type
4
Date filed
1/3/2024, 04:32 PM
Previous filing
Nov 13, 2023
Next filing
Mar 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNP Common Stock Tax liability -$6.7M -231K -17.66% $29.01 1.08M Jan 2, 2024 Direct F1, F2
holding CNP Common Stock 37K Jan 2, 2024 By GreenStream Resources LLC
holding CNP Common Stock 278K Jan 2, 2024 By Spouse
* 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 Includes (i) 93,119 time-based restricted stock units ("RSUs") awarded under the Issuer's long-term incentive plan (the "Plan") and vesting in February 2024, (ii) 78,851 RSUs awarded under the Plan and vesting in February 2025 and (iii) 84,964 RSUs awarded under the Plan and vesting in February 2026. The awards shall vest (a) if Reporting Person ("R.P.") remains an employee through the vesting date, (b) upon earlier disability or death, or (c) on a pro-rata basis upon earlier retirement unless full vesting conditions satisfied. 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.