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CENTERPOINT ENERGY INC — Director's Dealing 2021
Mar 1, 2021
30204_dirs_2021-03-01_3efa3507-3122-4e60-9250-e0aba5dafcab.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CENTERPOINT ENERGY INC (CNP)
CIK: 0001130310
Period of Report: 2021-02-25
Reporting Person: Mercado Kenneth M (EVP)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-25 | Common Stock | A | 3772 | $0.00 | Acquired | 83475 | Direct |
| 2021-02-25 | Common Stock | F | 985 | $19.75 | Disposed | 82490 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 7496 | Indirect |
Footnotes
F1: Vesting of performance shares awarded in 2018 under the Issuer's Long-term Incentive Plan.
F2: Shares withheld for taxes upon vesting of performance shares.
F3: Total includes (i) 2,819 time-based restricted stock units ("RSUs") previously awarded under the Issuer's Long-term Incentive Plan (the "Plan") and vesting in February 2022, (ii) 7,151 RSUs previously awarded under the Plan and vesting in February 2023, and (iii) 11,439 RSUs previously awarded under the Plan and vesting in February 2024. The above awards shall vest (i) if the Reporting Person continues to be an employee of Issuer from grant date through vesting date and (ii) in the event of his disability or death. Also, the above awards shall vest on a pro-rata basis in the event of his retirement unless he satisfies various conditions for full vesting. However, for shares vesting in February 2024, any such vesting is conditioned upon positive operating income in the last full calendar year of the restricted period except in the case of death or disability.
F4: Equivalent shares held in CenterPoint Energy, Inc. Savings Plan.