Lynnae K. Wilson - Feb 20, 2024 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Signature
Vincent A. Mercaldi, Attorney-in-Fact
Stock symbol
CNP
Transactions as of
Feb 20, 2024
Transactions value $
-$130,446
Form type
4
Date filed
2/22/2024, 04:51 PM
Previous filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNP Common Stock Award $0 +15.6K +49.69% $0.00 47.1K Feb 20, 2024 Direct F1
transaction CNP Common Stock Tax liability -$111K -3.99K -8.48% $27.79 43.1K Feb 20, 2024 Direct F2
transaction CNP Common Stock Tax liability -$19.6K -705 -1.64% $27.79 42.4K Feb 20, 2024 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 2021 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 ("RSUs").
F4 Total includes (i) 2,514 RSUs previously awarded under the Plan and vesting in February 2025, (ii) 5,793 RSUs previously awarded under the plan and vesting in February 2026, and (iii) 6,674 RSUs previously awarded under the Plan and vesting in three equal installments in February 2025, 2026 and 2027. The above awards shall vest (a) if she continues to be an employee of Issuer from the grant date through the respective vesting date, (b) in the event of her earlier disability or death, or (c) if she satisfies various conditions, upon her earlier retirement, except that such retirement vesting will be on a pro rata basis if, for the awards under clauses (i) and (ii) above, she fails to meet the conditions for full vesting, or, for the award under clause (iii), her retirement occurs in the year of grant. All vesting is conditioned upon achievement of positive operating income for the year preceding the applicable vesting date except in the case of death or disability.