Michael F. Neidorff - 01 Nov 2021 Form 4 Insider Report for CENTENE CORP (CNC)

Role: Chairman & CEO, Director
Signature: /s/ Christopher A. Koster (executed by attorney-in-fact)
Issuer symbol: CNC
Transactions as of: 01 Nov 2021
Net transactions value: -$6,455,597
Form type: 4
Filing time: 14 Dec 2021, 19:38:49 UTC
Previous filing: 01 Nov 2021
Next filing: 04 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	Gift	$0	-20,000	-0.31%	$0.000000	6,505,044	01 Nov 2021	Direct
transaction	CNC	Common Stock	Gift	$0	-19,485	-0.3%	$0.000000	6,485,559	23 Nov 2021	Direct
transaction	CNC	Common Stock	Tax liability	$1,334,748	-17,014	-0.26%	$78.45	6,468,545	11 Dec 2021	Direct	F1
transaction	CNC	Common Stock	Tax liability	$1,135,328	-14,472	-0.22%	$78.45	6,454,073	12 Dec 2021	Direct	F1
transaction	CNC	Common Stock	Sale	$2,142,990	-27,000	-0.42%	$79.37	6,427,073	14 Dec 2021	Direct	F2, F3
transaction	CNC	Common Stock	Sale	$1,842,530	-23,000	-0.36%	$80.11	6,404,073	14 Dec 2021	Direct	F2, F4, F5
holding	CNC	Common Stock						494,498	01 Nov 2021	By GRAT	F6
holding	CNC	Common Stock						3,600	01 Nov 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	01 Nov 2021	Common Stock	202,276	$0.000000	Direct	F7, F8
holding	CNC	Common Stock Option (right to buy)						13,334	01 Nov 2021	Common Stock	13,334	$59.62	Direct
holding	CNC	Common Stock Option (right to buy)						150,000	01 Nov 2021	Common Stock	150,000	$59.73	Direct

* 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	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 October 28, 2021.
F3	The weighted average price for this transaction is reported within the form. Shares were sold at prices ranging from $79.19 to $79.56. Full information regarding the number of shares at each price is available upon request.
F4	The weighted average price for this transaction is reported within the form. Shares were sold at prices ranging from $79.57 to $80.56. Full information regarding the number of shares at each price is available upon request.
F5	Ownership includes 732,682 shares of restricted stock units subject to vesting requirements.
F6	Owned by a grantor retained annuity trust of which Mr. Neidorff is the trustee and beneficiary of the annuity.
F7	Each share of phantom stock represents the right to receive the fair market value of one share of Centene common stock.
F8	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.