ORTENSTONE SUSAN B 4
4 · CENTERPOINT ENERGY INC · Filed Feb 25, 2020
Insider Transaction Report
Form 4
ORTENSTONE SUSAN B
SVP and Chief HR Officer
Transactions
- Tax Payment
Common Stock
2020-02-21$25.70/sh−1,443$37,085→ 61,242 total
Footnotes (2)
- [F1]Shares withheld for taxes upon vesting of time-based restricted stock units.
- [F2](i) 5,836 time-based restricted stock units ("RSUs") previously awarded under the Issuer's Long-term Incentive Plan (the "Plan") and vesting in February 2021, (ii) 5,719 RSUs previously awarded under the Plan and vesting in February 2022, and (iii) 7,087 RSUs previously awarded under the Plan and vesting in February 2023. The above awards shall vest (i) if the Reporting Person 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 shall vest on a pro-rata basis in the event of her retirement unless she satisfies various conditions for full vesting.