Jason P. Wells - 11 May 2021 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Role
EVP & CFO
Signature
By Vincent A. Mercaldi, Attorney-in-Fact
Issuer symbol
CNP
Transactions as of
11 May 2021
Net transactions value
+$240,600
Form type
4
Filing time
12 May 2021, 09:05:24 UTC
Next filing
29 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNP Common Stock Purchase $240,600 +10,000 +10% $24.06 107,416 11 May 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes (i) 26,288 time-based restricted stock units ("RSUs") awarded under Issuer's Long-term Incentive Plan ("Plan") and vesting in September 2021 and (ii) 26,288 RSUs awarded under Plan and vesting in September 2022. Reporting Person ("R.P.") must remain an Issuer employee through vesting dates. Also, includes 25,631 RSUs awarded under Plan and vesting in September 2023 if (a) R.P. remains an Issuer employee through vesting date, (b) in event of earlier disability or death, or (c) on pro-rata basis upon earlier retirement unless full vesting conditions satisfied. Also, includes 19,209 RSUs awarded under Plan and vesting (i) in February 2024 if R.P. remains an Issuer employee through vesting date, (ii) in event of earlier disability or death, or (iii) on pro-rata basis upon earlier retirement unless full vesting conditions satisfied; provided, vesting is conditioned on positive operating income in last full calendar year of restricted period except in case of death or disability.