Christopher Koster - Dec 15, 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 15, 2022
Transactions value $: -$409,024
Form type: 4
Date filed: 12/19/2022, 05:55 PM
Previous filing: Dec 13, 2022
Next filing: Feb 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CNC	Common Stock	Tax liability	-$409K	-4.93K	-3.36%	$83.00	142K	Dec 15, 2022	Direct	F1, F2
holding	CNC	Common Stock						100	Dec 15, 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 15, 2022	Common Stock	15.7K	$81.85	Direct	F3
holding	CNC	Phantom Stock						3.02K	Dec 15, 2022	Common Stock	3.02K	$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 82,480 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 Mr. Koster's termination with the Company or on such other date Mr. Koster may elect.