Wareing Peter S 4
4 · CENTERPOINT ENERGY INC · Filed Apr 26, 2010
Insider Transaction Report
Form 4
Wareing Peter S
Director
Transactions
- Award
Common Stock
2010-04-22+4,000→ 32,000 total
Holdings
- 60,000(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]Time-based restricted stock awarded under the Stock Plan for Outside Directors, as amended, to outside directors then in office as of May 1, 2010. Shares will vest on the first anniversary of the grant date if the reporting person is a director of the Company through such date; provided however, the shares become fully vested in the event of a change of control of issuer.
- [F2]Price is not applicable.
- [F3]Includes 1,333 of time-based restricted stock awarded in 2007 that will vest on June 1, 2010; 2,666 shares of time-based restricted stock awarded in 2008 that will vest in 1,333 share increments on May 1, 2010 and May 1, 2011; and 4,000 shares of time-based restricted stock awarded in 2009 that 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.
- [F4]Shares of CNP common stock held in trust, of which reporting person's spouse is a trustee and the beneficiary. The filing of this Form 4 shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of such equity securities.