CODY DERRILL 4
4 · CENTERPOINT ENERGY INC · Filed Apr 24, 2009
Insider Transaction Report
Form 4
CODY DERRILL
Director
Transactions
- Award
Common Stock
2009-04-23+4,000→ 34,000 total
Footnotes (3)
- [F1]This common stock is time-based restricted stock awarded to outside directors then in office as of May 1, 2009. Shares will vest in one-third increments on May 1, 2010, May 1, 2011 and May 1, 2012 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 2006 that will vest in 2009; 2,666 shares of time-based restricted stock awarded in 2007 that will vest in 1,333 share increments on June 1, 2009 and June 1, 2010; and 4,000 shares of time-based restricted stock awarded in 2008 that will vest in one-third increments on May 1, 2009, May 1, 2010 and May 1, 2011 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.