Christopher A. Foster - 15 Feb 2024 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Role: EVP and CFO
Signature: Vincent A. Mercaldi, Attorney-in-Fact
Issuer symbol: CNP
Transactions as of: 15 Feb 2024
Transactions value $: $0
Form type: 4
Filing time: 20 Feb 2024, 16:40:06
Previous filing: 29 Nov 2023
Next filing: 06 May 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CNP	Common Stock	Award	$0	+16.9K	+11.45%	$0.00	165K	15 Feb 2024	Direct	F1, F2

* 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 in three equal installments in February 2025, 2026, and 2027. The above award shall vest (i) if the Reporting Person ("R.P.") continues to be an employee of Issuer from the grant date through the respective vesting date, (ii) in the event of his earlier disability or death, or (iii) if he satisfies various conditions, upon his earlier retirement, except that such retirement vesting will be on a pro rata basis if his 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.
F2	Total includes (i) 63,893 RSUs previously awarded under the Plan and vesting in May 2024 and (ii) 63,892 time-based RSUs previously awarded under the Plan and vesting May 2025. Reporting Person must continue to be an employee of Issuer from the grant date through the applicable vesting date. Additionally, includes 14,908 time-based RSUs previously awarded under the Plan and vesting (a) in May 2026 if the Reporting Person continues to be an employee of Issuer from the grant date through the vesting date; (b) in the event of his earlier disability or death; or (c) on a pro-rata basis upon his earlier retirement unless he satisfies various conditions for full vesting.

Content

Time-based restricted stock units ("RSUs") awarded under the Issuer's Long-Term Incentive Plan (the "Plan") and vesting in three equal installments in February 2025, 2026, and 2027. The above award shall vest (i) if the Reporting Person ("R.P.") continues to be an employee of Issuer from the grant date through the respective vesting date, (ii) in the event of his earlier disability or death, or (iii) if he satisfies various conditions, upon his earlier retirement, except that such retirement vesting will be on a pro rata basis if his 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.

Total includes (i) 63,893 RSUs previously awarded under the Plan and vesting in May 2024 and (ii) 63,892 time-based RSUs previously awarded under the Plan and vesting May 2025. Reporting Person must continue to be an employee of Issuer from the grant date through the applicable vesting date. Additionally, includes 14,908 time-based RSUs previously awarded under the Plan and vesting (a) in May 2026 if the Reporting Person continues to be an employee of Issuer from the grant date through the vesting date; (b) in the event of his earlier disability or death; or (c) on a pro-rata basis upon his earlier retirement unless he satisfies various conditions for full vesting.