Home/Filings/4/0001130310-23-000075
4//SEC Filing

Nesbitt Martin H. 4

Accession 0001130310-23-000075

CIK 0001130310other

Filed

May 2, 8:00 PM ET

Accepted

May 3, 4:21 PM ET

Size

6.4 KB

Accession

0001130310-23-000075

Insider Transaction Report

Form 4
Period: 2023-05-01
Transactions
  • Award

    Common Stock

    2023-05-01+5,54117,017 total
Holdings
  • Common Stock

    (indirect: See footnote)
    19,096
Footnotes (2)
  • [F1]Shares of common stock granted under the Issuer's Stock Plan for Outside Directors, as amended and restated.
  • [F2]These shares were previously reported as directly beneficially owned by the Reporting Person ("R.P."), but were contributed on or around September 1, 2020 to MN-CE, LLC, a limited liability company for which the R.P. is the sole manager (the "LLC"). The sole member of the LLC was a grantor retained annuity trust, for which the R.P. is the sole trustee and annuitant. In satisfaction of a required annuity payment from the grantor retained annuity trust, on September 9, 2021, a portion of the interests in the limited liability company were distributed from the grantor retained annuity trust to the R.P. On August 16, 2022, the R.P., through the R.P.'s revocable trust (the "Revocable Trust"), purchased all of the outstanding interests in the LLC held by the grantor retained annuity trust in exchange for a promissory note in the amount of $432,253.61. The R.P. is the sole manager of the LLC and sole Trustee of the Revocable Trust. The Revocable Trust is the sole member of the LLC.

Issuer

CENTERPOINT ENERGY INC

CIK 0001130310

Entity typeother

Related Parties

1
  • filerCIK 0001478041

Filing Metadata

Form type
4
Filed
May 2, 8:00 PM ET
Accepted
May 3, 4:21 PM ET
Size
6.4 KB