Michael F. Neidorff - 31 Dec 2021 Form 5 Insider Report for CENTENE CORP (CNC)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
5
Accepted by SEC
14 Feb 2022, 19:25:54 UTC
Prior SEC filing
04 Jan 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Christopher A. Koster (executed by attorney-in-fact)

Key filing fact

Michael F. Neidorff filed Form 5 for CENTENE CORP (CNC) on 14 Feb 2022.

Key facts

  • This page summarizes Michael F. Neidorff's Form 5 filing for CENTENE CORP (CNC).
  • 3 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 14 Feb 2022, 19:25.

Change

  • Previous filing in this sequence was filed on 04 Jan 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Official SEC source

Ownership activity is grounded in SEC Form 5 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CNC transaction

Common Stock

Gift

Transaction value
$0
Shares
-9,330
Change %
-0.14%
Price
$0.000000
Shares after
6,672,369
Date
17 Dec 2021
Ownership
Direct
CNC transaction

Common Stock

Gift

Transaction value
$0
Shares
-18,539
Change %
-0.28%
Price
$0.000000
Shares after
6,653,830
Date
28 Dec 2021
Ownership
Direct
Footnotes
F1
CNC transaction

Common Stock

Gift

Transaction value
$0
Shares
-95,188
Change %
-29%
Price
$0.000000
Shares after
235,221
Date
28 Dec 2021
Ownership
By GRAT
Footnotes
F2
CNC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,600
Date
31 Dec 2021
Ownership
By Spouse

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CNC holding Derivative

Phantom Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
202,276
Date
31 Dec 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
202,276
Exercise price
$0.000000
Footnotes
F3, F4
CNC holding Derivative

Common Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
13,334
Date
31 Dec 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
13,334
Exercise price
$59.62
CNC holding Derivative

Common Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
150,000
Date
31 Dec 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
150,000
Exercise price
$59.73
CNC holding Derivative

Common Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
67,244
Date
31 Dec 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
67,244
Exercise price
$81.85
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Ownership includes 701,542 shares of restricted stock subject to vesting requirements.

Footnote F2

Owned by a grantor retained annuity trust of which Mr. Neidorff is the trustee and beneficiary of the annuity.

Footnote F3

Each share of phantom stock represents the right to receive the fair market value of one share of Centene common stock.

Footnote F4

The phantom stock has no formal expiration date. The phantom stock will be settled in cash or other non-Company securities upon Mr. Neidorff's termination with the Company or on such other date Mr. Neidorff may elect.

Footnote F5

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.

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