NEIDORFF MICHAEL F 5
5 · CENTENE CORP · Filed Feb 14, 2022
Insider Transaction Report
Form 5
CENTENE CORPCNC
NEIDORFF MICHAEL F
DirectorChairman, President and CEO
Transactions
- Gift
Common Stock
2021-12-17−9,330→ 6,672,369.351 total - Gift
Common Stock
2021-12-28−18,539→ 6,653,830.351 total - Gift
Common Stock
2021-12-28−95,188→ 235,221 total(indirect: By GRAT)
Holdings
- 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) - 67,244
Common Stock Option (right to buy)
Exercise: $81.85Exp: 2031-12-15→ Common Stock (67,244 underlying)
Footnotes (5)
- [F1]Ownership includes 701,542 shares of restricted stock subject to vesting requirements.
- [F2]Owned by a grantor retained annuity trust of which Mr. Neidorff is the trustee and beneficiary of the annuity.
- [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. Neidorff's termination with the Company or on such other date Mr. Neidorff 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.