CENTENE CORP — Director's Dealing 2018

May 8, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTENE CORP (CNC)
CIK: 0001071739
Period of Report: 2018-05-07

Reporting Person: ROBERTS JOHN R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-07	Common Stock	M	10000	$8.45	Acquired	116913.103	Direct
2018-05-07	Common Stock	F	4713	$116.65	Disposed	112200.103	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-07	Common Stock Option (right to buy)	$8.45	M	10000	Disposed	2018-12-10	Common Stock (10000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	67494	Indirect
Common Stock	12260	Indirect
Common Stock	6049	Indirect
Common Stock	3219	Indirect

Footnotes

F1: Ownership includes 1,925 shares of restricted stock subject to vesting requirements.

F2: Shares withheld in connection with a cashless exercise to cover exercise price and tax liability of previously reported stock grant.

F3: Owned by a grantor retained annuity trust of which Mr. Roberts is the trustee.

F4: Owned by a revocable trust for the benefit of Mr. Roberts' spouse.

F5: Owned by a revocable trust held in the name of Mr. Roberts' spouse of which he serves as co-trustee and beneficiary.

F6: Owned by a family trust of which Mr. Roberts serves as co-trustee.