Sarah London - Mar 15, 2023 Form 4 Insider Report for CENTENE CORP (CNC)

Role: Chief Executive Officer, Director
Signature: /s/ Christopher A. Koster (executed by attorney-in-fact)
Stock symbol: CNC
Transactions as of: Mar 15, 2023
Transactions value $: $13,749,974
Form type: 4
Date filed: 3/17/2023, 08:01 PM
Previous filing: Mar 2, 2023
Next filing: Mar 17, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CNC	Common Stock	Award	$13.7M	+217K	+63.11%	$63.34	561K	Mar 15, 2023	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	Common Stock Option (right to buy)						13.4K	Mar 15, 2023	Common Stock	13.4K	$81.85	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Ownership includes this award of 217,082 restricted stock units. 141,103 units are performance stock units. The number of performance stock units vesting at the end of the three year period is predicated on meeting three-year performance conditions. The remaining 75,979 units will vest in three annual installments on the anniversary of the grant date. In addition, ownership includes 285,670 shares of restricted stock units subject to vesting requirements.
F2	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.

Content

Ownership includes this award of 217,082 restricted stock units. 141,103 units are performance stock units. The number of performance stock units vesting at the end of the three year period is predicated on meeting three-year performance conditions. The remaining 75,979 units will vest in three annual installments on the anniversary of the grant date. In addition, ownership includes 285,670 shares of restricted stock units subject to vesting requirements.

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.