Vortherms Joseph John 4
4 · CENTERPOINT ENERGY INC · Filed Feb 25, 2020
Insider Transaction Report
Form 4
Vortherms Joseph John
Senior VP
Transactions
- Tax Payment
Common Stock
2020-02-21$25.70/sh−753$19,352→ 26,003 total
Holdings
- 11,482(indirect: By Savings Plan)
Common Stock
Footnotes (3)
- [F1]Shares withheld for taxes upon vesting of time-based restricted stock units.
- [F2]Total includes (i) 3,519 time-based restricted stock units ("RSUs") previously awarded under the Issuer's Long-term Incentive Plan (the "Plan") and vesting in February 2021, (ii) 5,383 RSUs previously awarded under the Plan and vesting in February 2022, and (iii) 6,356 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 his disability or death. Also, the above awards shall vest on a pro-rata basis in the event of his retirement unless he satisfies various conditions for full vesting.
- [F3]Equivalent shares held in CenterPoint Energy, Inc. Savings Plan.