Kenneth A. Burdick - Jan 5, 2022 Form 3 Insider Report for CENTENE CORP (CNC)

Role
Director
Signature
/s/ Christopher A. Koster (executed by attorney-in-fact)
Stock symbol
CNC
Transactions as of
Jan 5, 2022
Transactions value $
$0
Form type
3
Date filed
1/14/2022, 08:52 PM
Next filing
Jan 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CNC Common Stock 390K Jan 5, 2022 Direct F1
holding CNC Common Stock 265K Jan 5, 2022 See Footnote 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
holding CNC Common Stock Option (obligation to sell) Jan 5, 2022 Common Stock 179K $75.00 See Footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ownership includes 79,215 performance stock units granted on March 2, 2020, which are subject to meeting three-year performance conditions for the period ending December 31, 2022. Additionally, ownership includes 70,316 performance stock units granted on January 5, 2021, which are subject to meeting three-year performance conditions for the period ending December 31, 2023. The number of performance stock units vesting at the end of the three-year performance period is predicated on meeting three-year performance conditions.
F2 Owned by the Burdick Family LLC, of which Mr. Burdick is a chief manager. Mr. Burdick disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.