ORTENSTONE SUSAN B 4
4 · CENTERPOINT ENERGY INC · Filed Feb 21, 2020
Insider Transaction Report
Form 4
ORTENSTONE SUSAN B
SVP and Chief HR Officer
Transactions
- Award
Common Stock
2020-02-19$26.43/sh+7,087$187,309→ 62,685 total
Footnotes (2)
- [F1]Time-based restricted stock units vesting (i) in February 2023 if the Reporting Person continues to be an employee of Issuer from the grant date through the vesting date; (ii) in the event of her earlier disability or death; or (iii) on a pro-rata basis upon her earlier retirement unless she satisfies various conditions for full vesting.
- [F2]Total includes (i) 5,276 time-based restricted stock units ("RSUs") previously awarded under the Issuer's Long-term Incentive Plan (the "Plan") and vesting in February 2020, (ii) 5,836 RSUs previously awarded under the Plan and vesting in February 2021, and (iii) 5,719 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 her earlier retirement, disability or death. The above awards to vest in 2021 and 2022 shall vest (i) if she continues to be an employee of Issuer from grant date through vesting date and (ii) in the event of her disability or death. Also, the above awards to vest in 2021 and 2022 shall vest on a pro-rata basis in the event of her retirement unless she satisfies various conditions for full vesting.