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CENTENE CORP — Director's Dealing 2022
Oct 5, 2022
30343_dirs_2022-10-04_6d65f470-6c18-4860-a794-5c2c95c665ac.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: CENTENE CORP (CNC)
CIK: 0001071739
Period of Report: 2022-09-28
Reporting Person: FASOLA KENNETH J (EVP, Health Care Enterprises)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 182536 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock | $0.0 | 2022-09-16 | Common Stock (101.431) | Direct |
Footnotes
F1: Ownership includes 161,543 previously awarded restricted stock units subject to the following vesting requirements: 53,374 units vest in three equal installments on the anniversary of the grant date beginning January 19, 2023; 14,211 units vest in three equal installments beginning March 15, 2023; 36,320 units vest on January 4, 2024; 36,321 units vest on July 4, 2024. An additional 21,317 shares are performance units granted on March 11, 2022, which are subject to meeting three-year performance conditions. The number of performance stock units vesting at the end of the three-year performance period is predicated on meeting three-year performance conditions.
F2: The phantom stock has no formal expiration date. The phantom stock will be settled in cash or other non-Company securities upon Mr. Fasola's termination with the Company, or on such other date Mr. Fasola may elect.
F3: The phantom stock was acquired by Mr. Fasola through regularly scheduled payroll contributions to the Company's deferred compensation plan.
F4: Each share of phantom stock represents the right to receive the fair market value of one share of Centene common stock.