Key facts
- This page summarizes Martin H. Nesbitt's Form 4 filing for CENTERPOINT ENERGY INC (CNP).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 03 May 2023, 16:21.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Award
No transaction description listed
Additional SEC filing notes
Footnote F1
Shares of common stock granted under the Issuer's Stock Plan for Outside Directors, as amended and restated.
Footnote F2
These shares were previously reported as directly beneficially owned by the Reporting Person ("R.P."), but were contributed on or around September 1, 2020 to MN-CE, LLC, a limited liability company for which the R.P. is the sole manager (the "LLC"). The sole member of the LLC was a grantor retained annuity trust, for which the R.P. is the sole trustee and annuitant. In satisfaction of a required annuity payment from the grantor retained annuity trust, on September 9, 2021, a portion of the interests in the limited liability company were distributed from the grantor retained annuity trust to the R.P. On August 16, 2022, the R.P., through the R.P.'s revocable trust (the "Revocable Trust"), purchased all of the outstanding interests in the LLC held by the grantor retained annuity trust in exchange for a promissory note in the amount of $432,253.61. The R.P. is the sole manager of the LLC and sole Trustee of the Revocable Trust. The Revocable Trust is the sole member of the LLC.