Christopher Koster - Dec 10, 2022 Form 4 Insider Report for CENTENE CORP (CNC)

Role
EVP, Secr. & General Counsel
Signature
/s/ Christopher A. Koster
Stock symbol
CNC
Transactions as of
Dec 10, 2022
Transactions value $
-$115,575
Form type
4
Date filed
12/13/2022, 05:56 PM
Previous filing
Jun 27, 2022
Next filing
Dec 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNC Common Stock Tax liability -$116K -1.34K -0.9% $86.25 147K Dec 10, 2022 Direct F1, F2, F3
holding CNC Common Stock 100 Dec 10, 2022 By Spouse

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) 15.7K Dec 10, 2022 Common Stock 15.7K $81.85 Direct F4
holding CNC Phantom Stock 3.02K Dec 10, 2022 Common Stock 3.02K $0.00 Direct F5, F6
* 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 93,514 shares of restricted stock subject to vesting requirements.
F3 Updated ownership includes common stock acquired through the Company's Employee Stock Purchase Program.
F4 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.
F5 Each share of phantom stock represents the right to receive the fair market value of one share of Centene common stock.
F6 The phantom stock has no formal expiration date. The phantom stock will be settled in cash or other non-Company securities upon Mr. Koster's termination with the Company or on such other date Mr. Koster may elect.