CENTENE CORP — Director's Dealing 2012

Jan 3, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTENE CORP (CNC)
CIK: 0001071739
Period of Report: 2011-11-17

Reporting Person: ROBERTS JOHN R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-17	Common Stock	G	3000	$36.50	Disposed	40668.463	Direct
2011-12-31	Common Stock	A	789.341	$39.59	Acquired	41457.804	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	29669	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Option (right to buy)	$16.91	2018-12-10	Common Stock (5000)	5000	Direct
Common Stock Option (right to buy)	$16.65	2014-05-04	Common Stock (10000)	10000	Direct

Footnotes

F1: Ownership includes 3,555 shares of restricted stock subject to vesting requirements.

F2: Owned by a revocable trust for the benefit of Mr. Roberts' spouse.