Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-21-015464
Date:2021-02-25
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 2021-02-25 A 32,274 a $0.00 268,638 direct
COMMON STOCK 2021-02-25 F 8,996 d $19.75 259,642 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 vesting of performance shares awarded in 2018 under the issuer's long-term incentive plan.
f2 shares withheld for taxes upon vesting of performance shares.
f3 total includes (i) 23,742 time-based restricted stock units ("rsus") previously awarded under the issuer's long-term incentive plan (the "plan") and vesting in february 2022, (ii) 30,250 rsus previously awarded under the plan and vesting in february 2023, and (iii) 36,416 rsus previously awarded under the plan and vesting in february 2024. 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. however, for shares vesting in february 2024, 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.
f4 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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