Colin A. Toney - Dec 15, 2021 Form 4 Insider Report for CENTENE CORP (CNC)

Role: EVP, Mergers & Acquisitions
Signature: /s/ Christopher A. Koster (executed by attorney-in-fact)
Stock symbol: CNC
Transactions as of: Dec 15, 2021
Transactions value $: $1,861,515
Form type: 4
Date filed: 12/17/2021, 05:49 PM
Previous filing: Dec 14, 2021
Next filing: Dec 23, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CNC	Common Stock	Award	$1.86M	+22.7K	+64.68%	$81.85	57.9K	Dec 15, 2021	Direct	F1

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	+9.82K		$0.00	9.82K	Dec 15, 2021	Common Stock	9.82K	$81.85	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Ownership includes this award of 22,743 restricted stock units. 12,040 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 10,703 units will vest in three annual installments on the anniversary of the grant date. In addition, ownership includes 32,358 shares of restricted stock units subject to vesting requirements.
F2	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.

Content

Ownership includes this award of 22,743 restricted stock units. 12,040 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 10,703 units will vest in three annual installments on the anniversary of the grant date. In addition, ownership includes 32,358 shares of restricted stock units subject to vesting requirements.

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.