CENTENE CORP — Director's Dealing 2012

Mar 2, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTENE CORP (CNC)
CIK: 0001071739
Period of Report: 2012-02-29

Reporting Person: Hunter Jesse N (Exec VP of Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-29	Common Stock	S	25000	$48.98	Disposed	93659	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Option (right to buy)	$13.58	2013-08-26	Common Stock (6000)	6000	Direct
Common Stock Option (right to buy)	$25.40	2015-12-13	Common Stock (8000)	8000	Direct
Common Stock Option (right to buy)	$25.21	2016-12-12	Common Stock (12000)	12000	Direct
Common Stock Option (right to buy)	$16.84	2018-04-28	Common Stock (10000)	10000	Direct

Footnotes

F1: This sale is pursuant to a 10b5-1 Trading Plan established on February 15, 2012. 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: Ownership includes 58,667 restricted stock units subject to vesting requirements.