CENTENE CORP — Director's Dealing 2014

May 30, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTENE CORP (CNC)
CIK: 0001071739
Period of Report: 2014-05-12

Reporting Person: Hunter Jesse N (EVP, Chief Bus. Dev. Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-12	Common Stock	G	500	—	Disposed	97150	Direct
2014-05-12	Common Stock	G	1000	—	Disposed	96150	Direct
2014-05-28	Common Stock	M	7980	$25.40	Acquired	104130	Direct
2014-05-28	Common Stock	F	2739	$74.02	Disposed	101391	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-28	Common Stock Option (right to buy)	$25.4	M	7980	Disposed	2015-12-13	Common Stock (7980.0)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Option (right to buy)	$25.21	2016-12-12	Common Stock (12000.0)	12000	Direct
Common Stock Option (right to buy)	$16.84	2018-04-28	Common Stock (10000.0)	10000	Direct

Footnotes

F1: Ownership includes previous awards of 43,833 restricted stock units subject to vesting requirements.

F2: Shares withheld for payment of exercise price of previously reported stock grant.