Christopher A. Koster - 23 Jun 2024 Form 4 Insider Report for CENTENE CORP (CNC)

Role
Secretary & General Counsel
Signature
/s/ Christopher A. Koster
Issuer symbol
CNC
Transactions as of
23 Jun 2024
Net transactions value
-$134,977
Form type
4
Filing time
24 Jun 2024, 17:22:07 UTC
Previous filing
19 Mar 2024
Next filing
17 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNC Common Stock Tax liability $134,977 -1,987 -1% $67.93 196,734 23 Jun 2024 Direct F1, F2, F3
holding CNC Common Stock 100 23 Jun 2024 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) 15,690 23 Jun 2024 Common Stock 15,690 $81.85 Direct F4
holding CNC Phantom Stock 3,016 23 Jun 2024 Common Stock 3,016 $0.000000 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 grant of restricted stock units.
F2 Ownership includes 98,701 shares of previously-granted restricted stock units and performance stock units (reported at target level of performance) 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.