MURRAY JAMES E 4
4 · CENTENE CORP · Filed Mar 17, 2023
Insider Transaction Report
Form 4
CENTENE CORPCNC
MURRAY JAMES E
EVP, Chief Transform. Officer
Transactions
- Tax Payment
Common Stock
2023-03-15$63.34/sh−466$29,516→ 135,754 total - Award
Common Stock
2023-03-15$63.34/sh+67,099$4,250,051→ 202,853 total - Award
Phantom Stock
2023-03-17$63.19/sh+27.39$1,731→ 145.397 totalExercise: $0.00From: 2023-03-17Exp: 2023-03-17→ Phantom Stock (27.39 underlying)
Holdings
- 30(indirect: By Trust)
Common Stock
- 30,683
Common Stock Option (right to buy)
Exercise: $63.31From: 2023-01-02Exp: 2030-01-02→ Common Stock (30,683 underlying)
Footnotes (5)
- [F1]Shares withheld for taxes upon vesting of previously reported stock grant.
- [F2]Ownership includes this award of 67,099 restricted stock units. 43,615 units are performance stock units. The number of performance stock units vesting at the end of the three year period is predicated on meeting three-year performance conditions. The remaining 23,484 units will vest in three annual installments on the anniversary of the grant date. In addition, ownership includes 99,577 shares of restricted stock units subject to vesting requirements.
- [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 was acquired by Mr. Murray through regularly scheduled payroll contributions to the Company's deferred compensation plan.
- [F5]The phantom stock has no formal expiration date. The phantom stock will be settled in cash or other non-Company securities upon Mr. Murray's termination with the Company or on such other date Mr. Murray may elect.