Home/Filings/4/0001209191-21-012854
4//SEC Filing

Mercado Kenneth M 4

Accession 0001209191-21-012854

CIK 0001130310other

Filed

Feb 21, 7:00 PM ET

Accepted

Feb 22, 6:08 PM ET

Size

6.7 KB

Accession

0001209191-21-012854

Insider Transaction Report

Form 4
Period: 2021-02-18
Transactions
  • Award

    Common Stock

    2021-02-18+11,43980,532 total
Holdings
  • Common Stock

    (indirect: By Savings Plan)
    7,496
Footnotes (3)
  • [F1]Time-based restricted stock units ("RSUs") awarded under the Issuer's Long-term Incentive Plan (the "Plan") and vesting (i) in February 2024 if the Reporting Person continues to be an employee of Issuer from the grant date through the vesting date, (ii) in the event of his earlier disability or death, or (iii) on a pro-rata basis upon his earlier retirement unless he satisfies various conditions for full vesting, provided, however, that any such vesting is conditioned upon positive operating income in the last full calendar year of the restricted period except in the case of death or disability.
  • [F2]Total includes (i) 2,794 RSUs previously awarded under the Plan and vesting in February 2021, (ii) 2,819 RSUs previously awarded under the Plan and vesting in February 2022, and (iii) 7,151 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.

Issuer

CENTERPOINT ENERGY INC

CIK 0001130310

Entity typeother

Related Parties

1
  • filerCIK 0001802390

Filing Metadata

Form type
4
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 6:08 PM ET
Size
6.7 KB