Kara G. Ryan - Feb 17, 2023 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Role
Vice President and CAO
Signature
Vincent A. Mercaldi, Attorney-in-Fact
Stock symbol
CNP
Transactions as of
Feb 17, 2023
Transactions value $
-$34,760
Form type
4
Date filed
2/22/2023, 03:35 PM
Previous filing
Feb 17, 2023
Next filing
Aug 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNP Common Stock Award $0 +3.3K +57.4% $0.00 9.05K Feb 17, 2023 Direct F1
transaction CNP Common Stock Tax liability -$28.6K -980 -10.83% $29.21 8.07K Feb 17, 2023 Direct F2
transaction CNP Common Stock Tax liability -$6.13K -210 -2.6% $29.21 7.86K Feb 21, 2023 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of performance shares awarded in 2020 under the Issuer's Long-term Incentive Plan (the "Plan").
F2 Shares withheld for taxes upon vesting of performance shares.
F3 Shares withheld for taxes upon vesting of time-based restricted stock units.
F4 Total includes (i) 848 time-based restricted stock units ("RSUs") previously awarded under the Plan and vesting in February 2024, (ii) 1,255 RSUs previously awarded under the Plan and vesting in February 2025, and (iii) 1,995 RSUs previously awarded under the Plan and vesting in February 2026. The above awards shall vest (a) if the Reporting Person continues to be an employee of Issuer from grant date through vesting date and (b) in the event of her disability or death. However, the vesting of each award is conditioned upon positive operating income in the last full calendar year of the restricted period except in the case of death or disability.