4//SEC Filing
LESAR DAVID J 4
Accession 0001130310-23-000049
CIK 0001130310other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 4:33 PM ET
Size
7.5 KB
Accession
0001130310-23-000049
Insider Transaction Report
Form 4
LESAR DAVID J
Director
Transactions
- Other
Common Stock
2023-03-10+278,412→ 278,412 total(indirect: By Spouse) - Other
Common Stock
2023-03-10−278,412→ 1,358,335 total
Footnotes (3)
- [F1]Reporting person transferred shares to spouse.
- [F2]Includes 17,298 time-based restricted stock units ("RSUs") awarded under the Issuer's long-term incentive plan (the "Plan") and vesting in July 2023. Reporting Person ("R.P.") must remain an employee through vesting date. Also includes (i) 109,289 RSUs awarded under the Plan and vesting in July 2023, (ii) 93,119 RSUs awarded under the Plan and vesting in February 2024, (iii) 78,851 RSUs awarded under the Plan and vesting in February 2025 and (iv) 84,964 RSUs awarded under the Plan and vesting in February 2026. The awards in the pervious sentence shall vest (a) if R.P. remains an employee through the vesting date, (b) upon earlier disability or death, or (c) on a pro-rata basis upon earlier retirement unless full vesting conditions satisfied. 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.
- [F3]Also includes 600,000 RSUs awarded under the Plan and vesting in December 2023. The above award shall vest (a) if R.P. continues to be an employee of Issuer from the grant date; (b) in the event of the R.P.'s earlier disability or death; or (c) upon the R.P.'s termination of employment without cause or the R.P.'s resignation for good reason.
Documents
Issuer
CENTERPOINT ENERGY INC
CIK 0001130310
Entity typeother
Related Parties
1- filerCIK 0001198405
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 4:33 PM ET
- Size
- 7.5 KB