NEIDORFF MICHAEL F 4
4 · CENTENE CORP · Filed Dec 14, 2021
Insider Transaction Report
Form 4
CENTENE CORPCNC
NEIDORFF MICHAEL F
DirectorChairman, President and CEO
Transactions
- Gift
Common Stock
2021-11-01−20,000→ 6,505,044.351 total - Tax Payment
Common Stock
2021-12-12$78.45/sh−14,472$1,135,328→ 6,454,073.351 total - Gift
Common Stock
2021-11-23−19,485→ 6,485,559.351 total - Tax Payment
Common Stock
2021-12-11$78.45/sh−17,014$1,334,748→ 6,468,545.351 total - Sale
Common Stock
2021-12-14$79.37/sh−27,000$2,142,990→ 6,427,073.351 total - Sale
Common Stock
2021-12-14$80.11/sh−23,000$1,842,530→ 6,404,073.351 total
Holdings
- 494,498(indirect: By GRAT)
Common Stock
- 3,600(indirect: By Spouse)
Common Stock
- 202,276.004
Phantom Stock
Exercise: $0.00From: 2011-02-11Exp: 2011-02-11→ Common Stock (202,276.004 underlying) - 13,334
Common Stock Option (right to buy)
Exercise: $59.62From: 2022-12-11Exp: 2029-12-11→ Common Stock (13,334 underlying) - 150,000
Common Stock Option (right to buy)
Exercise: $59.73From: 2023-12-15Exp: 2030-12-15→ Common Stock (150,000 underlying)
Footnotes (8)
- [F1]Shares withheld for taxes upon vesting of previously reported stock grant.
- [F2]This sale is pursuant to an ongoing but small diversification plan and is in accordance with a 10b5-1 Trading Plan that was established on October 28, 2021.
- [F3]The weighted average price for this transaction is reported within the form. Shares were sold at prices ranging from $79.19 to $79.56. Full information regarding the number of shares at each price is available upon request.
- [F4]The weighted average price for this transaction is reported within the form. Shares were sold at prices ranging from $79.57 to $80.56. Full information regarding the number of shares at each price is available upon request.
- [F5]Ownership includes 732,682 shares of restricted stock units subject to vesting requirements.
- [F6]Owned by a grantor retained annuity trust of which Mr. Neidorff is the trustee and beneficiary of the annuity.
- [F7]Each share of phantom stock represents the right to receive the fair market value of one share of Centene common stock.
- [F8]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.