Jason P. Wells - Nov 9, 2023 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Signature
Vincent A. Mercaldi, Attorney-in-Fact
Stock symbol
CNP
Transactions as of
Nov 9, 2023
Transactions value $
$269,050
Form type
4
Date filed
11/9/2023, 05:25 PM
Previous filing
Sep 29, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNP Common Stock Purchase $269K +10K +21.95% $26.91 55.6K Nov 9, 2023 Wells/Koehler Family Trust
holding CNP Common Stock 162K Nov 9, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Total includes (i) 19,209 time-based restricted stock units ("RSUs") previously awarded under the Plan and vesting in February 2024, (ii) 16,154 RSUs previously awarded under the Plan and vesting in February 2025 and (iii) 33,642 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 or (b) in the event of his disability or death. The above awards are conditioned upon positive operating income in the last full calendar year of the restricted period except in the case of death or disability. With respect to the RSUs vesting in February 2026, such RSUs shall vest if the Reporting Person is not promoted to Chief Executive Officer by January 1, 2025, such RSUs shall vest upon his termination without cause or resignation after such date conditioned upon positive operating income in the last full calendar year of the restricted period.