Michael F. Neidorff - 05 Apr 2021 Form 4 Insider Report for CENTENE CORP (CNC)

Signature
/s/ Christopher A. Koster (executed by attorney-in-fact)
Issuer symbol
CNC
Transactions as of
05 Apr 2021
Net transactions value
-$1,401,800
Form type
4
Filing time
01 Nov 2021, 20:05:18 UTC
Next filing
14 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNC Common Stock Gift $0 -15,650 -0.24% $0.000000 6,624,692 05 Apr 2021 Direct
transaction CNC Common Stock Gift $0 -50 -0% $0.000000 6,624,642 12 May 2021 Direct
transaction CNC Common Stock Gift $0 -79,598 -1.2% $0.000000 6,545,044 31 Aug 2021 Direct
transaction CNC Common Stock Sale $1,401,800 -20,000 -0.31% $70.09 6,525,044 28 Oct 2021 Direct F1, F2, F3
holding CNC Common Stock 494,498 05 Apr 2021 By GRAT F4
holding CNC Common Stock 3,600 05 Apr 2021 By Spouse

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
holding CNC Phantom Stock 202,276 05 Apr 2021 Common Stock 202,276 $0.000000 Direct F5, F6
holding CNC Common Stock Option (right to buy) 150,000 05 Apr 2021 Common Stock 150,000 $59.73 Direct
holding CNC Common Stock Option (right to buy) 13,334 05 Apr 2021 Common Stock 13,334 $59.62 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This sale is pursuant to an ongoing but small diversification plan and is in accordance with a 10b5-1 Trading Plan that was established on September 14, 2021.
F2 The weighted average price for this transaction is reported within the form. Full information regarding the number of shares at each price is available upon request.
F3 Ownership includes 804,831 shares of restricted stock units subject to vesting requirements.
F4 Owned by a grantor retained annuity trust of which Mr. Neidorff is the trustee and beneficiary of the annuity.
F5 Each share of phantom stock represents the right to receive the fair market value of one share of Centene common stock.
F6 The phantom stock has no formal expiration date. The phantom stock will be settled in cash or other non-Company securities upon Mr. Neidorff's termination with the Company or on such other date Mr. Neidorff may elect.