SEC Form 4 · accession 0001209191-18-014946
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, 2018
Accepted (ET)
Mar 1, 2018 · 4:05 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,F2 | Feb 28, 2018 | S | 43,363 | $27.20 | D | 215,376 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.18 to $27.26, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2Total includes (i) 29,825 time-based restricted stock units previously awarded under the Issuer's Long-term Incentive Plan ("LTIP") and vesting in February 2019, (ii) 22,873 time-based restricted stock units previously awarded under the LTIP and vesting in February 2020, and (iii) 23,906 time-based restricted stock units previously awarded under the LTIP and vesting in February 2021. 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.