Wolff Sherman 4
4 · CENTERPOINT ENERGY INC · Filed Apr 25, 2011
Insider Transaction Report
Form 4
Wolff Sherman
Director
Transactions
- Award
Common Stock
2011-04-21+4,000→ 16,000 total
Holdings
- 6,000(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 2, 2011. 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 shares of time-based restricted stock awarded in 2008 that will vest on May 1, 2011; 2,666 shares of time-based restricted stock awarded in 2009 that will vest in one-third increments on May 1, 2011 and May 1, 2012; and 4,000 shares of time-based restricted stock awarded in 2010 that will vest on May 3, 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.
- [F4]Shares of CNP common stock held in trust, of which the reporting person is a trustee.