LESAR DAVID J 4
4 · CENTERPOINT ENERGY INC · Filed Nov 13, 2023
Insider Transaction Report
Form 4
LESAR DAVID J
Director
Transactions
- Purchase
Common Stock
2023-11-13$27.12/sh+37,000$1,003,440→ 37,000 total(indirect: By LLC)
Holdings
- 1,308,522
Common Stock
- 278,412(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]Includes (i) 93,119 time-based restricted stock units ("RSUs") awarded under the Issuer's long-term incentive plan (the "Plan") and vesting in February 2024, (ii) 78,851 RSUs awarded under the Plan and vesting in February 2025 and (iii) 84,964 RSUs awarded under the Plan and vesting in February 2026. The awards shall vest (a) if Reporting Person ("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, the vesting of each award 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]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.