Knight Gregory E. 4
4 · CENTERPOINT ENERGY INC · Filed Aug 19, 2022
Insider Transaction Report
Form 4
Knight Gregory E.
EVP Cust. Trans. & Bus. Svcs.
Transactions
- Tax Payment
Common Stock
2022-08-17$32.51/sh−1,180$38,362→ 58,313 total
Holdings
- 5,160(indirect: By Savings Plan)
Common Stock
Footnotes (3)
- [F1]Shares withheld for taxes upon vesting of fully-vested restricted stock units.
- [F2]Total includes 4,842 time-based restricted stock units ("RSUs") awarded under Issuer's Long-term Incentive Plan ("Plan") and vesting in August 2023. He must remain an employee of Issuer thru vesting date. Total also includes (i) 11,274 RSUs previously awarded under the Plan and vesting in August 2023, (ii) 10,894 RSUs previously awarded under the Plan and vesting in February 2024 and (iii) 9,362 RSUs previously awarded under the Plan and vesting in February 2025. The above awards shall vest (a) if he continues to be an employee of Issuer from grant date through 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. However, for shares vesting in February 2024 and February 2025, 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.
- [F3]Equivalent shares held in CenterPoint Energy, Inc. Savings Plan.