Colin A. Toney - Aug 19, 2022 Form 4 Insider Report for CENTENE CORP (CNC)

Signature
/s/ Christopher A. Koster (executed by attorney-in-fact)
Stock symbol
CNC
Transactions as of
Aug 19, 2022
Transactions value $
$2,510
Form type
4
Date filed
8/23/2022, 07:20 PM
Previous filing
Aug 5, 2022
Next filing
Sep 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CNC Common Stock 52.1K Aug 19, 2022 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
transaction CNC Phantom Stock Award $2.51K +26.3 +7.05% $95.34 400 Aug 19, 2022 Common Stock 26.3 $0.00 Direct F2, F3, F4
holding CNC Common Stock Option (right to buy) 9.82K Aug 19, 2022 Common Stock 9.82K $81.85 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ownership includes 48,435 shares of restricted stock subject to vesting requirements.
F2 Each share of phantom stock represents the right to receive the fair market value of one share of Centene common stock.
F3 The phantom stock was acquired by Mr. Toney through regularly scheduled payroll contributions to the Company's deferred compensation plan.
F4 The phantom stock has no formal expiration date. The phantom stock will be settled in cash or other non-Company securities upon Mr. Toney's termination with the Company, or on such other date Mr. Toney may elect.
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.