Mark J. Brooks - Feb 14, 2020 Form 4 Insider Report for CENTENE CORP (CNC)

Signature
/s/ Christopher A. Koster (executed by attorney-in-fact)
Stock symbol
CNC
Transactions as of
Feb 14, 2020
Transactions value $
$81,154
Form type
4
Date filed
1/11/2022, 06:39 PM
Next filing
May 11, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CNC Common Stock 163K Feb 14, 2020 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 Phantom Stock Award $80K +1.21K +221.51% $65.89 1.76K Feb 14, 2020 Common Stock 1.21K $0.00 Direct F3, F4, F5
transaction CNC Phantom Stock Award $1.15K +15.1 +0.86% $76.34 1.78K Jan 7, 2022 Common Stock 15.1 $0.00 Direct F3, F4, F5
holding CNC Common Stock Option (right to buy) 6.72K Feb 14, 2020 Common Stock 6.72K $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 79,912 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.
F3 Each share of phantom stock represents the right to receive the fair market value of one share of Centene common stock.
F4 The phantom stock was acquired by Mr. Brooks through a payroll contribution to the Company's deferred compensation plan.
F5 The phantom stock has no formal expiration date. The phantom stock will be settled in cash or other non-Company securities upon Mr. Brooks's termination with the Company or on such other date Mr. Brooks may elect.