SEC Form 4 · accession 0001071739-16-000308
CENTENE CORP · CNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark J Brooks
Officer — SVP, Chief Information Officer
Period of report
Nov 18, 2016
Accepted (ET)
Nov 21, 2016 · 6:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001071739
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 27,816 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF3,F2,F4 | $0.00 | Nov 18, 2016 | A | 12 | A | Nov 18, 2016 | Nov 18, 2016 | Common Stock | 12 | 115 | D |
Explanation of responses
- F1Ownership includes 20,389 shares of restricted stock subject to vesting requirements.
- F2Each share of phantom stock represents the right to receive the fair market value of one share of Centene common stock.
- F3The phantom stock was acquired by Mr. Brooks through regular scheduled payroll contributions to the Company's deferred compensation plan.
- F4The phantom stock has no formal expiration date. The phantom stock will be settled in cash or other non-Company securities upon Mr. Brooks' termination with the Company or on such other date Mr. Brooks may elect.