SEC Form 4 · accession 0001209191-19-015535
CENTERPOINT ENERGY INC · CNP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph John Vortherms
Officer — Senior VP
Period of report
Feb 28, 2019
Accepted (ET)
Mar 4, 2019 · 4:11 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, 2019 | A | 6,474 | $0.00 | A | 24,018 | D | |
| Common StockF2,F3 | Feb 28, 2019 | F | 1,618 | $30.14 | D | 22,400 | D | |
| Common StockF4 | holding | — | — | — | 10,999 | I | By Savings Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Vesting of performance shares awarded in 2016 under the Issuer's Long-term Incentive Plan.
- F2Shares withheld for taxes upon vesting of performance shares.
- F3Total includes (i) 2,537 time-based restricted stock units ("RSUs") previously awarded under the Issuer's Long-term Incentive Plan (the "Plan") and vesting in February 2020, (ii) 3,519 RSUs previously awarded under the Plan and vesting in February 2021, and (iii) 5,383 RSUs previously awarded under the Plan and vesting in February 2022. The award to vest in 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 his earlier retirement, disability or death. The above awards to vest in 2021 and 2022 shall vest (i) if he continues to be an employee of Issuer from grant date through vesting date and (ii) in the event of his disability or death. Also, the above awards to vest in 2021 and 2022 shall vest on a pro-rata basis in the event of his retirement unless he satisfies various conditions for full vesting.
- F4Equivalent shares held in CenterPoint Energy, Inc. Savings Plan.