CENTENE CORP — Director's Dealing 2020

Jan 28, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTENE CORP (CNC)
CIK: 0001071739
Period of Report: 2020-01-23

Reporting Person: Burdick Kenneth A (EVP, Markets & Products)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-23	Common Stock	A	920408	—	Acquired	920408	Direct
2020-01-23	Common Stock	A	65907	$66.76	Acquired	986315	Direct

Footnotes

F1: In connection with Centene's acquisition of WellCare Health Plans, Inc. (WellCare) on January 23, 2020 pursuant to the Agreement and Plan of Merger, dated March 26, 2019, by and among Centene, Wellington Merger Sub I, Inc., Wellington Merger Sub II, Inc. and WellCare, 202,810 WellCare common shares held by the reporting person were converted into Centene common shares based on the applicable per share stock exchange ratio, and 44,834 vested but undistributed restricted stock units held by the reporting person were converted into 234,911 Centene restricted stock units representing the contingent right to acquire an equal number of Centene common shares.

F2: Ownership includes this award of 65,907 restricted stock units, which will vest on the second anniversary of the grant date on January 23, 2022.