LESAR DAVID J 4
4 · CENTERPOINT ENERGY INC · Filed Feb 22, 2021
Insider Transaction Report
Form 4
LESAR DAVID J
Director
Transactions
- Award
Common Stock
2021-02-18+93,119→ 279,722 total
Footnotes (2)
- [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) 17,298 time-based RSUs previously awarded under the Plan and vesting in July 2021, (ii) 17,298 time-based RSUs previously awarded under the Plan and vesting in July 2022, and (iii) 17,298 time-based RSUs previously awarded under the Plan and vesting in July 2023. Reporting Person must continue to be an employee of Issuer from the grant date through the applicable vesting dates. Additionally, includes 109,289 time-based RSUs previously awarded under the Plan and vesting (a) in July 2023 if the Reporting Person continues to be an employee of Issuer from the grant date through the vesting date; (b) in the event of his earlier disability or death; or (c) on a pro-rata basis upon his earlier retirement unless he satisfies various conditions for full vesting.