SEC Form 4 · accession 0001209191-17-016582
CENTERPOINT ENERGY INC · CNP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Milton Carroll
Officer — Executive Chairman · Director
Period of report
Feb 28, 2017
Accepted (ET)
Mar 2, 2017 · 4:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001130310
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 28, 2017 | A | 17,165 | $0.00 | A | 234,643 | D | |
| Common StockF2,F3 | Feb 28, 2017 | F | 4,695 | $27.32 | D | 229,948 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Vesting of performance shares awarded in 2014 under the Issuer's Long-term Incentive Plan.
- F2Shares withheld for taxes upon vesting of performance shares.
- F3Total includes (i) 16,660 time-based restricted stock units previously awarded under the Issuer's Long-term Incentive Plan ("LTIP") and vesting in February 2018, (ii) 29,825 time-based restricted stock units previously awarded under the LTIP and vesting in February 2019, and (iii) 22,873 time-based restricted stock units previously awarded under the LTIP and vesting in February 2020. Each of the above awards shall vest if the Reporting Person continues to be an employee of Issuer from the grant date through the vesting date and on a pro-rata basis in the event of his earlier retirement, disability or death. Total also includes 30,000 shares previously awarded under the LTIP and vesting in June 2017 in connection with and contingent on his service as Executive Chairman of the Issuer on the vesting date.