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CENTERPOINT ENERGY INC — Director's Dealing 2021
Feb 22, 2021
30204_dirs_2021-02-22_40274f68-e826-4e5c-b68f-d57957e473bd.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: 2021-02-18
Reporting Person: Colvin Kristie (SVP and CAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-18 | Common Stock | A | 4472 | $0.00 | Acquired | 77018 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 51 | Indirect |
| Common Stock | 145 | Indirect |
Footnotes
F1: Time-based restricted stock units ("RSUs") awarded under the Issuer's Long-term Incentive Plan (the "Plan") and vesting (i) in February 2024 if the Reporting Person continues to be an employee of Issuer from the grant date through the vesting date, (ii) in the event of her earlier disability or death, or (iii) on a pro-rata basis upon her earlier retirement unless she satisfies various conditions for full vesting, provided, however, that 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.
F2: Total includes (i) 2,904 time-based restricted stock units ("RSUs") previously awarded under the Issuer's Long-term Incentive Plan (the "Plan") and vesting in February 2021, (ii) 2,737 RSUs previously awarded under the Plan and vesting in February 2022, and (iii) 4,980 RSUs previously awarded under the Plan and vesting in February 2023. The above awards shall vest (i) if the Reporting Person continues to be an employee of Issuer from grant date through vesting date, (ii) in the event of her disability or death, and (iii) for certain of the shares otherwise vesting in February 2023, in the event of her involuntary termination without cause. Also, the above awards shall vest on a pro-rata basis in the event of her retirement unless she satisfies various conditions for full vesting.
F3: Additionally, includes (i) 6,863 RSUs previously awarded under the Plan and vesting in April 2023 and 5,449 RSUs previously awarded under the Plan and vesting in July 2023 if the Reporting Person continues to be an employee of Issuer from the grant date through the applicable vesting dates; (ii) in the event of her earlier disability or death; (iii) in the event of her involuntary termination without cause; or (iv) on a pro-rata basis upon her earlier retirement unless she satisfies various conditions for full vesting.
F4: Equivalent shares held in CenterPoint Energy, Inc. Savings Plan.