DAVID P. THOMAS - 15 Dec 2021 Form 4 Insider Report for CENTENE CORP (CNC)

Role
EVP, MARKETS
Signature
/s/ Christopher A. Koster (executed by attorney-in-fact)
Issuer symbol
CNC
Transactions as of
15 Dec 2021
Transactions value $
$1,152,857
Form type
4
Filing time
17 Dec 2021, 17:51:52 UTC
Previous filing
14 Dec 2021
Next filing
11 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNC Common Stock Tax liability -$122K -1.49K -2.07% $81.85 70.7K 15 Dec 2021 Direct F1
transaction CNC Common Stock Award $1.27M +15.6K +22.04% $81.85 86.3K 15 Dec 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CNC Common Stock Option (right to buy) Award $0 +6.72K $0.00 6.72K 15 Dec 2021 Common Stock 6.72K $81.85 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld for taxes upon vesting of previously reported stock grant.
F2 Ownership includes this award of 15,577 restricted stock units. 8,247 units are performance stock units. The number of performance stock units vesting at the end of the three-year period is predicated on meeting three-year performance conditions. The remaining 7,330 units will vest in three annual installments on the anniversary of the grant date. In addition, ownership includes 42,637 shares of restricted stock units subject to vesting requirements.
F3 Performance Stock Option granted on December 15, 2021, may become exercisable on or after the third anniversary of the grant date if the closing price of CNC's common stock equals or exceeds $100 per share for 20 consecutive trading days following the grant date.