Wells Jason P. 4
4 · CENTERPOINT ENERGY INC · Filed Dec 27, 2022
Insider Transaction Report
Form 4
Wells Jason P.
DirectorPresident & CEO
Transactions
- Gift
Common Stock
2022-12-23−45,560→ 60,994 total - Gift
Common Stock
2022-12-23+45,560→ 45,560 total(indirect: By Trust)
Footnotes (1)
- [F1]Total includes (i) 25,631 time-based restricted stock units ("RSUs") previously awarded under the Issuer's Long-term Incentive Plan (the "Plan") and vesting in September 2023, (ii) 19,209 RSUs previously awarded under the Plan and vesting in February 2024, and (iii) 16,154 RSUs previously awarded under the plan and vesting in February 2025. The above awards shall vest (a) if the Restricted Person continues to be an employee of Issuer from grant date through vesting date, (b) in the event of her disability or death, or (c) on pro-rata basis upon retirement unless full vesting conditions satisfied. 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.