SEC Form 4 · accession 0001209191-19-011968
CENTERPOINT ENERGY INC · CNP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kristie Colvin
Officer — SVP and CAO
Period of report
Feb 19, 2019
Accepted (ET)
Feb 21, 2019 · 4:10 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 19, 2019 | A | 2,737 | $31.21 | A | 44,971 | D | |
| Common StockF3 | holding | — | — | — | 47 | I | By Savings Plan | |
| Common Stock | holding | — | — | — | 145 | I | By son |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Time-based restricted stock units vesting (i) in February 2022 if the Reporting Person continues to be an employee of Issuer from the grant date through the vesting date; (ii) in the event of her earlier disability or death; or (iii) on a pro-rata basis upon her earlier retirement unless she satisfies various conditions for full vesting.
- F2Total includes (i) 3,307 time-based restricted stock units ("RSUs") previously awarded under the Issuer's Long-term Incentive Plan (the "Plan") and vesting in February 2019, (ii) 2,604 RSUs previously awarded under the Plan and vesting in February 2020 and (iii) 2,904 RSUs previously awarded under the Plan and vesting in February 2021. The awards to vest in 2019 and 2020 shall vest if the Reporting Person continues to be an employee of Issuer from grant date through vesting date and on a pro-rata basis in the event of her earlier retirement, disability or death. The award to vest in 2021 shall vest (i) if she continues to be an employee of Issuer from grant date through vesting date and (ii) in the event of her disability or death. Also, the award to vest in 2021 shall vest on a pro-rata basis in the event of her retirement unless she satisfies various conditions for full vesting, as described in the Issuer's Proxy Statement filed with the SEC on March 15, 2018.
- F3Equivalent shares held in CenterPoint Energy, Inc. Savings Plan.