Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | CNC | Common Stock | 52.1K | Aug 5, 2022 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CNC | Phantom Stock | Award | $2.51K | +27 | +7.8% | $92.97 | 373 | Aug 5, 2022 | Common Stock | 27 | $0.00 | Direct | F2, F3, F4 |
holding | CNC | Common Stock Option (right to buy) | 9.82K | Aug 5, 2022 | Common Stock | 9.82K | $81.85 | Direct | F5 |
Id | Content |
---|---|
F1 | Ownership includes 48,435 shares of restricted stock subject to vesting requirements. |
F2 | Each share of phantom stock represents the right to receive the fair market value of one share of Centene common stock. |
F3 | The phantom stock was acquired by Mr. Toney through regularly scheduled payroll contributions to the Company's deferred compensation plan. |
F4 | The phantom stock has no formal expiration date. The phantom stock will be settled in cash or other non-Company securities upon Mr. Toney's termination with the Company, or on such other date Mr. Toney may elect. |
F5 | 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. |