FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
CENTERPOINT ENERGY INC [ CNP ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 03/10/2023 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 03/10/2023 | J(1) | 278,412 | D | $0 | 1,358,335(2)(3) | D | |||
Common Stock | 03/10/2023 | J(1) | 278,412 | A | $0 | 278,412 | I | By Spouse |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
1. Reporting person transferred shares to spouse. |
2. Includes 17,298 time-based restricted stock units ("RSUs") awarded under the Issuer's long-term incentive plan (the "Plan") and vesting in July 2023. Reporting Person ("R.P.") must remain an employee through vesting date. Also includes (i) 109,289 RSUs awarded under the Plan and vesting in July 2023, (ii) 93,119 RSUs awarded under the Plan and vesting in February 2024, (iii) 78,851 RSUs awarded under the Plan and vesting in February 2025 and (iv) 84,964 RSUs awarded under the Plan and vesting in February 2026. The awards in the pervious sentence shall vest (a) if R.P. remains an employee through the vesting date, (b) upon earlier disability or death, or (c) on a pro-rata basis upon earlier retirement unless full vesting conditions satisfied. However, for shares vesting in February 2024, 2025 and 2026, 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. |
3. Also includes 600,000 RSUs awarded under the Plan and vesting in December 2023. The above award shall vest (a) if R.P. continues to be an employee of Issuer from the grant date; (b) in the event of the R.P.'s earlier disability or death; or (c) upon the R.P.'s termination of employment without cause or the R.P.'s resignation for good reason. |
Remarks: |
Vincent A. Mercaldi, Attorney-in-Fact | 03/14/2023 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |