CROSSWELL O HOLCOMBE 4
4 · CENTERPOINT ENERGY INC · Filed May 25, 2007
Insider Transaction Report
Form 4
CROSSWELL O HOLCOMBE
Director
Transactions
- Award
Common Stock
2007-05-24+4,000→ 24,147 total
Holdings
- 3,448(indirect: By corporation)
Common Stock
Footnotes (4)
- [F1]This common stock is time based restricted stock awarded to outside directors then in office as of June 1, 2007. Shares will vest in one-third increments on June 1, 2008, June 1, 2009 and June 1, 2010 if the reporting person is a director of Issuer through such dates; provided however, the shares become fully vested in the event of a change of control of issuer.
- [F2]Price is not applicable.
- [F3]Includes 1,000 shares of time based restricted stock awarded in 2004 that will vest on July 1, 2007; 2,000 shares of time based restricted stock awarded in 2005 that will vest in one-half increments on July 1, 2007 and July 1, 2008; and 3,000 shares of time based restricted stock awarded in 2006 that will vest in one-third increments on June 1, 2007, June 1, 2008 and June 1, 2009 if the reporting person is a director of Issuer through such dates; provided however, the shares become fully vested in the event of a change of control of issuer.
- [F4]Shares held by a corporation of which the reporting person is president with shared voting power and investment power.