CENTENE CORP — Director's Dealing 2022

May 4, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTENE CORP (CNC)
CIK: 0001071739
Period of Report: 2022-04-29

Reporting Person: BAGLEY SHANNON (EVP, Chief Admin. Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-04-29	Common Stock	S	8000	$80.99	Disposed	128353.473	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Option (right to buy)	$81.85	2031-12-15	Common Stock (8966.0)	8966	Direct
Phantom Stock	$0.0	2021-02-26	Common Stock (43222.648)	43222.648	Direct

Footnotes

F1: This sale is pursuant to a 10b5-1 Trading Plan that was established on February 22, 2022.

F2: Ownership includes 91,772 shares of restricted stock subject to vesting requirements.

F3: Performance Stock Option granted on December 15, 2021, may become exercisable on or after the third anniversary of the grant date if the closing price of CNC's common stock equals or exceeds $100 per share for 20 consecutive trading days following the grant date.

F4: Each share of phantom stock represents the right to receive the fair market value of one share of Centene common stock.

F5: The phantom stock has no formal expiration date. The phantom stock will be settled in cash or other non-Company securities upon Ms. Bagley's termination with the Company or on such other date Ms. Bagley may elect.