ROGERS WILLIAM D 4
4 · CENTERPOINT ENERGY INC · Filed Mar 4, 2019
Insider Transaction Report
Form 4
ROGERS WILLIAM D
EVP & Chief Financial Officer
Transactions
- Award
Common Stock
2019-02-28+50,292→ 147,619 total - Tax Payment
Common Stock
2019-02-28$30.14/sh−16,982$511,837→ 130,637 total
Footnotes (3)
- [F1]Vesting of performance shares awarded in 2016 under the Issuer's Long-term Incentive Plan.
- [F2]Shares withheld for taxes upon vesting of performance shares.
- [F3]Total includes (i) 12,531 time-based restricted stock units ("RSUs") previously awarded under the Issuer's Long-term Incentive Plan (the "Plan") and vesting in February 2020, (ii) 13,356 RSUs previously awarded under the Plan and vesting in February 2021, and (iii) 11,439 RSUs previously awarded under the Plan and vesting in February 2022. The award to vest in 2020 shall vest if the Reporting Person continues to be an employee of Issuer from grant date through vesting date and on a pro-rata basis in the event of his earlier retirement, disability or death. The above awards to vest in 2021 and 2022 shall vest (i) if he continues to be an employee of Issuer from grant date through vesting date and (ii) in the event of his disability or death. Also, the above awards to vest in 2021 and 2022 shall vest on a pro-rata basis in the event of his retirement unless he satisfies various conditions for full vesting.