Christopher A. Foster - May 3, 2024 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Signature
Vincent A. Mercaldi, Attorney-in-Fact
Stock symbol
CNP
Transactions as of
May 3, 2024
Transactions value $
-$738,282
Form type
4
Date filed
5/6/2024, 04:45 PM
Previous filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNP Common Stock Tax liability -$738K -25.1K -15.23% $29.45 140K May 3, 2024 Direct F1, F2
* 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 vesting of time-based restricted stock units previously awarded under the Issuer's Long-Term Incentive Plan ("RSUs").
F2 Includes 16,909 RSUs vesting in 3 equal installments in February 2025, 2026 and 2027. This award vests (i) if the Reporting Person ("R.P.") remains an employee of Issuer from grant date thru respective vesting date, (ii) in the event of earlier disability or death, or (iii) if he satisfies various conditions, upon earlier retirement, except that such retirement vesting will be pro rata if retirement occurs in the year of grant. All vesting is conditioned upon achievement of positive operating income for year preceding applicable vesting date except in case of death or disability. Also includes 63,892 RSUs vesting May 2025, provided R.P. remains an employee of Issuer from grant date thru applicable vesting date. Also includes 14,908 RSUs vesting (a) in May 2026 if the R.P. remains an employee of Issuer from grant date thru vesting date; (b) in the event of earlier disability or death; or (c) pro-rata upon his earlier retirement unless he satisfies conditions for full vesting.