Brent D. Layton - Apr 26, 2022 Form 4 Insider Report for CENTENE CORP (CNC)

Role: President & COO
Signature: /s/ Christopher A. Koster (executed by attorney-in-fact)
Stock symbol: CNC
Transactions as of: Apr 26, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/28/2022, 09:34 PM
Previous filing: Mar 28, 2022
Next filing: Jun 27, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CNC	Common Stock	Award	$0	+30.6K	+5.7%	$0.00	568K	Apr 26, 2022	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
holding	CNC	Common Stock Option (right to buy)						13.4K	Apr 26, 2022	Common Stock	13.4K	$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 this award of 30,638 restricted stock units. 18,383 units are performance stock units and vest on December 31, 2024. The number of performance stock units that vest will be based on the achievement of performance conditions for the three-year performance period ending December 31, 2024. The remaining 12,255 units will vest on December 31, 2024. In addition, ownership includes 305,656 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.

Content

Ownership includes this award of 30,638 restricted stock units. 18,383 units are performance stock units and vest on December 31, 2024. The number of performance stock units that vest will be based on the achievement of performance conditions for the three-year performance period ending December 31, 2024. The remaining 12,255 units will vest on December 31, 2024. In addition, ownership includes 305,656 shares of restricted stock units subject to vesting requirements.

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.