CENTENE CORP — Director's Dealing 2011

Nov 15, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTENE CORP (CNC)
CIK: 0001071739
Period of Report: 2011-11-14

Reporting Person: SCHEFFEL WILLIAM N (Exec VP, CFO & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-14	Common Stock	S	15012	$35.29	Disposed	114880	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Option (right to buy)	$25.21	2016-12-12	Common Stock (2000)	2000	Direct
Common Stock Option (right to buy)	$32.06	2015-07-26	Common Stock (25000)	25000	Direct

Footnotes

F1: This sale is pursuant to a 10b5-1 Trading Plan established October 31, 2011. The weighted average price for this transaction is reported within the form. Full information regarding the number of shares at each price is available upon request.

F2: Mr. Scheffel's ownership includes previous awards of 56,334 restricted stock units subject to vesting requirements.