Christopher A. Foster - Feb 12, 2025 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Signature
Vincent A. Mercaldi, Attorney-in-Fact
Stock symbol
CNP
Transactions as of
Feb 12, 2025
Transactions value $
$0
Form type
4
Date filed
2/14/2025, 04:25 PM
Previous filing
May 6, 2024
Next filing
Feb 24, 2025

Transactions Table

* 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 in three equal installments in February 2026, 2027, and 2028. The above award shall vest (i) if the Reporting Person ("R.P.") continues to be an employee of Issuer from the grant date through the respective vesting date, (ii) in the event of his earlier disability or death, or (iii) if he satisfies various conditions, upon his earlier retirement, except that such retirement vesting will be on a pro rata basis if 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.
F2 Total includes previous awards under the Plan of (i) 63,892 RSUs vesting in May 2025, (ii) 14,908 RSUs vesting in May 2026, (iii) and 16,909 RSUs vesting in three equal installments in February 2025, 2026 and 2027. The above awards shall vest (a) upon continued employment with Issuer through the respective vesting date, (b) in the event of earlier disability or death, or (c) for the award under clause (i), upon earlier involuntary termination without cause. The awards, other than the award under clause (i), will also vest on a full or pro-rata basis upon earlier retirement, subject to satisfaction of certain conditions, and all vesting of those awards is further conditioned upon achievement of positive operating income for the year preceding the applicable vesting date except in the case of death or disability.