CENTENE CORP 4
4 · CENTENE CORP · Filed Dec 11, 2014
Insider Transaction Report
Form 4
CENTENE CORPCNC
MINIFIE C DAVID
EVP, Chief Marketing Officer
Transactions
- Award
Common Stock
2014-12-09$99.25/sh+7,000$694,750→ 25,173 total - Tax Payment
Common Stock
2014-12-10$99.50/sh−556$55,322→ 24,617 total
Holdings
- 125.723
Phantom Stock
Exercise: $0.00From: 2013-12-20Exp: 2013-12-20→ Common Stock (125.723 underlying)
Footnotes (4)
- [F1]Ownership includes this award of 7,000 restricted stock units. Half of the units will vest in three annual installments on the anniversary of the grant date. The remaining half are performance stock units. The number of performance stock units vesting over three annual installments is predicated on meeting a one year performance condition. In addition, ownership includes previous awards of 11,833 restricted stock units subject to vesting requirements.
- [F2]Shares withheld for taxes upon vesting of previously reported stock grant.
- [F3]Each share of phantom stock represents the right to receive the fair market value of one share of Centene common stock.
- [F4]The phantom stock has no formal expiration date. The phantom stock will be settled in cash or other non-Company securities upon Mr. Minifie's termination with the Company or on such other date Mr. Minifie may elect.