Andrew Lynn Asher - Dec 15, 2021 Form 4 Insider Report for CENTENE CORP (CNC)

Role: EVP, CFO
Signature: /s/ Christopher A. Koster (executed by attorney-in-fact)
Stock symbol: CNC
Transactions as of: Dec 15, 2021
Transactions value $: $2,335,262
Form type: 4
Date filed: 12/17/2021, 05:49 PM
Previous filing: May 11, 2021
Next filing: Jan 25, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CNC	Common Stock	Tax liability	-$215K	-2.62K	-1.12%	$81.85	231K	Dec 15, 2021	Direct	F1
transaction	CNC	Common Stock	Award	$2.55M	+31.2K	+13.46%	$81.85	263K	Dec 15, 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	+13.4K		$0.00	13.4K	Dec 15, 2021	Common Stock	13.4K	$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 31,155 restricted stock units.16,494 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 14,661 units will vest in three annual installments on the anniversary of the grant date. In addition, ownership includes 139,475 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.