Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-21-012857
Date:2021-02-18
Issuer: CENTERPOINT ENERGY INC (CNP)
Original Submission Date:

Reporting Person:

CARROLL MILTON
1111 LOUISIANA
HOUSTON, TX 77002

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-02-18 A 36,416 a $0.00 242,331 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
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) 23,906 rsus previously awarded under the plan and vesting in february 2021, (ii) 23,742 rsus previously awarded under the plan and vesting in february 2022, and (iii) 30,250 rsus previously awarded under the plan and vesting in february 2023. the above awards shall vest (a) if the reporting person continues to be an employee of issuer from grant date through vesting date and (b) 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. for all above awards, reporting person is treated as currently retirement eligible.
f3 additionally, includes fully-vested rsus previously awarded under the plan, with 25,947 of the underlying shares paid in july 2021 and 25,947 paid in july 2022; provided, however, if the reporting person earlier separates from the company such that he is neither an employee nor director, any remaining unpaid shares under the award will be payable upon his separation.
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