February 15, 2024 · Form 4 insider transaction
Wilson Lynnae K bought 6,674 shares of CenterPoint Energy, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 5 days after the transaction.
Time-based restricted stock units ("RSUs") awarded under the Issuer's Long-Term Incentive Plan (the "Plan") and vesting in three equal installments in February 2025, 2026, and 2027. The above award shall vest (i) if the Reporting Person ("R.P.") continues to be an employee of Issuer from the grant date through the respective vesting date, (ii) in the event of her earlier disability or death, or (iii) if she satisfies various conditions, upon her earlier retirement, except that such retirement vesting will be on a pro rata basis if her retirement occurs in the year of grant. All vesting is conditioned upon achievement of positive operating income for the year preceding the applicable vesting date except in the case of death or disability.; Total includes (i) 2,893 RSUs previously awarded under the Plan and vesting in February 2024, (ii) 2,514 RSUs previously awarded under the Plan and vesting in February 2025, and (iii) 5,793 RSUs previously awarded under the Plan and vesting in February 2026. 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 her death or disability. The vesting of each award is conditioned upon positive operating income in the last full calendar year of the restricted period except in the case of death or disability.