Kenneth A. Burdick - Jan 21, 2022 Form 4 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 21, 2022
Transactions value $
-$13,425,000
Form type
4
Date filed
1/25/2022, 08:09 PM
Previous filing
Jan 14, 2022
Next filing
Feb 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNC Common Stock Exercise of in-the-money or at-the-money derivative security -$13.4M -179K -67.42% $75.00 86.5K Jan 21, 2022 See Footnote F1
holding CNC Common Stock 390K Jan 21, 2022 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 (obligation to sell) Exercise of in-the-money or at-the-money derivative security $0 -1.79K -100% $0.00* 0 Jan 21, 2022 Common Stock 179K $75.00 See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Ownership includes 149,531 shares of restricted stock units subject to vesting requirements.
F3 The exercise of the option was not within the control of the reporting person.