Shannon Bagley - Mar 24, 2022 Form 4 Insider Report for CENTENE CORP (CNC)

Role
EVP, Chief Admin. Officer
Signature
/s/ Christopher A. Koster (executed by attorney-in-fact)
Stock symbol
CNC
Transactions as of
Mar 24, 2022
Transactions value $
-$251,008
Form type
4
Date filed
3/28/2022, 06:32 PM
Previous filing
Mar 7, 2022
Next filing
May 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNC Common Stock Tax liability -$251K -3.04K -2.18% $82.46 136K Mar 24, 2022 Direct F1, 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 (right to buy) 8.97K Mar 24, 2022 Common Stock 8.97K $81.85 Direct F3
holding CNC Phantom Stock 43.2K Mar 24, 2022 Common Stock 43.2K $0.00 Direct F4, F5
* 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 91,772 shares of restricted stock 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.
F4 Each share of phantom stock represents the right to receive the fair market value of one share of Centene common stock.
F5 The phantom stock has no formal expiration date. The phantom stock will be settled in cash or other non-Company securities upon Ms. Bagley's termination with the Company or on such other date Ms. Bagley may elect.