Richard C. Leger - Feb 12, 2025 Form 4 Insider Report for CENTERPOINT ENERGY INC (CNP)

Signature
Vincent A. Mercaldi, Attorney-in-Fact
Stock symbol
CNP
Transactions as of
Feb 12, 2025
Transactions value $
$0
Form type
4
Date filed
2/14/2025, 04:19 PM
Previous filing
Oct 2, 2024
Next filing
Feb 24, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNP Common Stock Award $0 +7.51K +23.24% $0.00 39.9K Feb 12, 2025 Direct F1, F2
holding CNP Common Stock 1.84K Feb 12, 2025 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 in three equal installments in February 2026, 2027, and 2028. 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 previous awards under Issuer's Long-Term Incentive Plan of (i) 2,169 RSUs vesting in February 2025, (ii) 2,063 RSUs vesting in February 2026, (iii) 2,220 RSUs vesting in three equal installments in February 2025, 2026 and 2027, (iv) 3,426 RSUs vesting in July 2027, and (v) 3,346 RSUs vesting in October 2027. The above awards shall vest (a) upon continued employment with Issuer through the respective vesting date, (b) in the event of earlier disability or death, or (c) for the awards under clauses (iv) and (v), upon earlier involuntary termination without cause. The awards, other than the awards under clause (iv) and (v), will also vest on a full or pro-rata basis upon earlier retirement, subject to satisfaction of certain conditions, and all vesting of those awards is further conditioned upon achievement of positive operating income for the year preceding the applicable vesting date except in the case of death or disability.
F3 Equivalent shares held in CenterPoint Energy, Inc. Savings Plan.