Form 4 for CNP CenterPoint Energy
Accepted 2023-02-17 00:00:00 ET · period of report 2023-02-15 · accession 0001130310-23-000022 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-02-17 | 2023-02-15 | CNP | Wells Jason P. | Pres, COO, CFO | A - Grant | $0.00 | +33.6K | 94.6K | +55% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-02-15 | A | A | 33,642 | $0.00 | 94,636 | D | — | — | (F1) Time-based restricted stock units ("RSUs") awarded under the Issuer's Long-Term Incentive Plan (the "Plan") and vesting (i) in February 2026 if the Reporting Person ("R.P.") 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, (iii) on a pro-rata basis upon his earlier retirement unless he satisfies various conditions for full vesting or (iv) if the R.P. is not promoted to Chief Executive Officer by January 1, 2025, upon his termination without cause or resignation after such date, 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) 25,631 time-based restricted stock units ("RSUs") previously awarded under the Issuer's Long-term Incentive Plan (the "Plan") and vesting in September 2023, (ii) 19,209 RSUs previously awarded under the Plan and vesting in February 2024, and (iii) 16,154 RSUs previously awarded under the plan and vesting in February 2025. The above awards shall vest (a) if the R.P. continues to be an employee of Issuer from grant date through vesting date, (b) in the event of her disability or death, or (c) on pro-rata basis upon retirement unless full vesting conditions satisfied. However, for shares vesting in February 2024 and February 2025, 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. |