Richard C. Leger - Jul 29, 2024 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Signature
Vincent A. Mercaldi, Attorney-in-Fact
Stock symbol
CNP
Transactions as of
Jul 29, 2024
Transactions value $
$0
Form type
4
Date filed
7/31/2024, 04:07 PM
Next filing
Oct 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNP Common Stock Award $0 +3.43K +13.54% $0.00 28.7K Jul 29, 2024 Direct F1, F2
holding CNP Common Stock 1.64K Jul 29, 2024 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") awarded under the Issuer's Long-Term Incentive Plan and vesting (i) in July 2027 if the Reporting Person 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) if he is earlier involuntarily terminated without cause.
F2 Total includes (i) 2,169 RSUs previously awarded under the Issuer's Long-Term Incentive Plan and vesting in February 2025, (ii) 2,063 RSUs previously awarded under the plan and vesting in February 2026 and (iii) 2,220 RSUs previously awarded under the plan and vesting in three equal installments in February 2025, 2026 and 2027. The above awards shall vest (a) if he continues to be an employee of Issuer from the grant date through the respective vesting date, (b) in the event of his earlier disability or death or (c) if he satisfies various conditions, upon his earlier retirement, except that such retirement vesting will be on a pro rata basis if, for the awards under clauses (i) and (ii) above, he fails to meet the conditions for full vesting or for the award under clause (iii), his retirement occurs in the year of grant. All vesting is conditioned upon achievement of positive operating income for the year preceding the applicable vesting date except in the case of death or disability.
F3 Equivalent shares held in CenterPoint Energy, Inc. Savings Plan.