Kenneth A. Burdick - 07 Feb 2023 Form 4 Insider Report for CENTENE CORP (CNC)

Role
Director
Signature
/s/ Christopher A. Koster (executed by attorney-in-fact)
Issuer symbol
CNC
Transactions as of
07 Feb 2023
Net transactions value
-$2,124,761
Form type
4
Filing time
09 Feb 2023, 20:20:18 UTC
Previous filing
04 Jan 2023
Next filing
08 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNC Common Stock Award $0 +1,901 +0.48% $0.000000 397,211 07 Feb 2023 Direct F1
transaction CNC Common Stock Tax liability $2,124,761 -29,922 -7.5% $71.01 367,289 07 Feb 2023 Direct F2, F3
holding CNC Common Stock 86,498 07 Feb 2023 See Footnote F4

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) 10,000 07 Feb 2023 Common Stock 10,000 $80.57 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the additional number of shares earned from a previously reported performance stock unit grant from March 2020 with a three-year performance period. Refer to Form 4 filed on March 4, 2020. 79,215 shares were reported based on achievement of target level of performance.
F2 Shares withheld for taxes upon vesting of previously reported stock grant.
F3 Ownership includes 72,639 shares of restricted stock units subject to vesting requirements.
F4 Owned by the Burdick Family LLC, of which Mr. Burdick is a chief manager. Mr. Burdick disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.