Kenneth J. Fasola - Sep 28, 2022 Form 3 Insider Report for CENTENE CORP (CNC)

Role
EVP, Health Care Enterprises
Signature
/s/ Christopher A. Koster (executed by attorney-in-fact)
Stock symbol
CNC
Transactions as of
Sep 28, 2022
Transactions value $
$0
Form type
3
Date filed
10/4/2022, 09:15 PM
Previous filing
Jan 4, 2022
Next filing
Oct 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CNC Common Stock 183K Sep 28, 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 Phantom Stock Sep 28, 2022 Common Stock 101 $0.00 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ownership includes 161,543 previously awarded restricted stock units subject to the following vesting requirements: 53,374 units vest in three equal installments on the anniversary of the grant date beginning January 19, 2023; 14,211 units vest in three equal installments beginning March 15, 2023; 36,320 units vest on January 4, 2024; 36,321 units vest on July 4, 2024. An additional 21,317 shares are performance units granted on March 11, 2022, which are subject to meeting three-year performance conditions. 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 The phantom stock has no formal expiration date. The phantom stock will be settled in cash or other non-Company securities upon Mr. Fasola's termination with the Company, or on such other date Mr. Fasola may elect.
F3 The phantom stock was acquired by Mr. Fasola through regularly scheduled payroll contributions to the Company's deferred compensation plan.
F4 Each share of phantom stock represents the right to receive the fair market value of one share of Centene common stock.