Wilson Lynnae K sold CNP
February 20, 2024 · Form 4 insider transaction
Wilson Lynnae K sold 705 shares of CenterPoint Energy, Inc. at $27.79 per share, a transaction worth $19.6K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Shares withheld for taxes upon vesting of time-based restricted stock units ("RSUs").; Total includes (i) 2,514 RSUs previously awarded under the Plan and vesting in February 2025, (ii) 5,793 RSUs previously awarded under the plan and vesting in February 2026, and (iii) 6,674 RSUs previously awarded under the Plan and vesting in three equal installments in February 2025, 2026 and 2027. The above awards shall vest (a) if she continues to be an employee of Issuer from the grant date through the respective vesting date, (b) in the event of her earlier disability or death, or (c) if she satisfies various conditions, upon her earlier retirement, except that such retirement vesting will be on a pro rata basis if, for the awards under clauses (i) and (ii) above, she fails to meet the conditions for full vesting, or, for the award under clause (iii), 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.