Scott Edward Doyle - Feb 18, 2022 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Role
EVP
Signature
Vincent A. Mercaldi, Attorney-in-Fact
Stock symbol
CNP
Transactions as of
Feb 18, 2022
Transactions value $
-$45,876
Form type
4
Date filed
2/22/2022, 04:50 PM
Previous filing
Feb 17, 2022
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNP Common Stock Tax liability -$45.9K -1.72K -2.07% $26.61 81.4K Feb 18, 2022 Direct F1, F2
holding CNP Common Stock 7.38K Feb 18, 2022 By Savings Plan F3
* 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.
F2 Total includes (i) 9,648 time-based restricted stock units ("RSUs") previously awarded under the Issuer's Long-Term Incentive Plan (the "Plan") and vesting in February 2023, (ii) 11,439 RSUs previously awarded under the Plan and vesting in February 2024, and (iii) 13,946 RSUs previously awarded under the Plan and vesting in February 2025. The above awards shall vest (a) if the Restricted Person continues to be an employee of Issuer from grant date through vesting date and (b) in the vent of his disability or death. Also, the above awards shall vest on a pro-rata basis in the event of his retirement unless he satisfies various conditions for full vesting. However, for shares vesting in February 2024 and February 2025, any such vesting is conditioned upon positive operating income in the last full calendar year of the restricted period except in the case of death or disability.
F3 Equivalent shares held in CenterPoint Energy, Inc. Savings Plan.