4//SEC Filing
Wells Jason P. 4
Accession 0001130310-23-000022
CIK 0001130310other
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 4:35 PM ET
Size
6.9 KB
Accession
0001130310-23-000022
Insider Transaction Report
Form 4
Wells Jason P.
DirectorPresident & CEO
Transactions
- Award
Common Stock
2023-02-15+33,642→ 94,636 total
Holdings
- 45,560(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Time-based restricted stock units ("RSUs") awarded under the Issuer's Long-Term Incentive Plan (the "Plan") and vesting (i) in February 2026 if the Reporting Person ("R.P.") continues to be an employee of Issuer from the grant date through the vesting date, (ii) in the event of his earlier disability or death, (iii) on a pro-rata basis upon his earlier retirement unless he satisfies various conditions for full vesting or (iv) if the R.P. is not promoted to Chief Executive Officer by January 1, 2025, upon his termination without cause or resignation after such date, 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) 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 R.P. 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.
Documents
Issuer
CENTERPOINT ENERGY INC
CIK 0001130310
Entity typeother
Related Parties
1- filerCIK 0001661849
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 4:35 PM ET
- Size
- 6.9 KB