Andrew Lynn Asher - Mar 15, 2023 Form 4 Insider Report for CENTENE CORP (CNC)

Role: EVP, CFO
Signature: /s/ Christopher A. Koster (executed by attorney-in-fact)
Stock symbol: CNC
Transactions as of: Mar 15, 2023
Transactions value $: $6,624,921
Form type: 4
Date filed: 3/17/2023, 08:02 PM
Previous filing: Mar 6, 2023
Next filing: Apr 28, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CNC	Common Stock	Award	$6.62M	+105K	+33.47%	$63.34	417K	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 104,593 restricted stock units. 67,985 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 36,608 units will vest in three annual installments on the anniversary of the grant date. In addition, ownership includes 166,973 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 104,593 restricted stock units. 67,985 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 36,608 units will vest in three annual installments on the anniversary of the grant date. In addition, ownership includes 166,973 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.