4//SEC Filing
Wells Jason P. 4
Accession 0001130310-23-000036
CIK 0001130310other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 4:29 PM ET
Size
8.2 KB
Accession
0001130310-23-000036
Insider Transaction Report
Form 4
Wells Jason P.
DirectorPresident & CEO
Transactions
- Award
Common Stock
2023-02-17+119,612→ 214,248 total - Tax Payment
Common Stock
2023-02-17$29.21/sh−41,967$1,225,856→ 172,281 total
Holdings
- 45,560(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]Vesting of performance shares awarded in 2020 under the Issuer's Long-term Incentive Plan (the "Plan").
- [F2]Shares withheld for taxes upon vesting of performance shares.
- [F3]Total includes (i) 25,631 time-based restricted stock units ("RSUs") previously awarded under the Plan and vesting in September 2023, (ii) 19,209 RSUs previously awarded under the Plan and vesting in February 2024, (iii) 16,154 RSUs previously awarded under the Plan and vesting in February 2025 and (iv) 33,642 RSUs previously awarded under the Plan and vesting in February 2026. The above awards shall vest (a) if the Reporting Person continues to be an employee of Issuer from grant date through vesting date or (b) in the event of his disability or death. However, for shares vesting in February 2024, 2025 and 2026, 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]With respect to the RSUs vesting in February 2026, such RSUs shall vest if the Reporting Person is not promoted to Chief Executive Officer by January 1, 2025, such RSUs shall vest upon his termination without cause or resignation after such date conditioned upon positive operating income in the last full calendar year of the restricted period.
Documents
Issuer
CENTERPOINT ENERGY INC
CIK 0001130310
Entity typeother
Related Parties
1- filerCIK 0001661849
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 4:29 PM ET
- Size
- 8.2 KB