Wells Jason P. 4
4 · CENTERPOINT ENERGY INC · Filed Sep 29, 2023
Insider Transaction Report
Form 4
Wells Jason P.
DirectorPresident & CEO
Transactions
- Tax Payment
Common Stock
2023-09-28$26.70/sh−10,086$269,296→ 162,195 total
Holdings
- 45,560(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Shares withheld for taxes upon payment of time-based restricted stock units.
- [F2]Total includes (i) 19,209 time-based restricted stock units ("RSUs") previously awarded under the Plan and vesting in February 2024, (ii) 16,154 RSUs previously awarded under the Plan and vesting in February 2025 and (iii) 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. Provided 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. 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.