Jason Michael Ryan - Feb 15, 2023 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Signature
Vincent A. Mercaldi, Attorney-in-Fact
Stock symbol
CNP
Transactions as of
Feb 15, 2023
Transactions value $
$0
Form type
4
Date filed
2/17/2023, 03:32 PM
Previous filing
Feb 24, 2022
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNP Common Stock Award $0 +8.75K +18.15% $0.00 57K Feb 15, 2023 Direct F1, F2
holding CNP Common Stock 3.28K Feb 15, 2023 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 (the "Plan") and vesting (i) in February 2026 if the Reporting Person ("R.P.") 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) on a pro-rata basis upon his earlier retirement unless he satisfies various conditions for full vesting, provided, however, that 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.
F2 Total includes (i) 9,262 time-based restricted stock units ("RSUs") previously awarded under the Plan and vesting in February 2023, (ii) 9,358 RSUs previously awarded under the Plan and vesting in February 2024, and (iii) 7,824 RSUs previously awarded under the Plan and vesting in February 2025. The above awards shall vest (i) if the R.P. continues to be an employee of Issuer from grant date through vesting date and (ii) in the event 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.