SEC Form 4 · accession 0001071739-16-000315
CENTENE CORP · CNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael F Neidorff
Officer — Chairman, President and CEO · Director
Period of report
Nov 3, 2016
Accepted (ET)
Dec 13, 2016 · 7:12 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 | Nov 3, 2016 | G | 3,000 | $0.00 | D | 3,939,568 | D | |
| Common StockF1 | Dec 9, 2016 | M | 127,068 | $12.60 | A | 4,066,636 | D | |
| Common StockF2,F1 | Dec 9, 2016 | F | 75,565 | $56.94 | D | 3,991,071 | D | |
| Common StockF3,F1 | Dec 10, 2016 | F | 44,755 | $56.80 | D | 3,946,316 | D | |
| Common StockF3,F1 | Dec 11, 2016 | F | 47,950 | $56.80 | D | 3,898,366 | D | |
| Common Stock | holding | — | — | — | 3,600 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Option (right to buy) | $12.60 | Dec 9, 2016 | M | 127,068 | D | Dec 12, 2009 | Dec 12, 2016 | Common Stock | 127,068 | 0 | D |
| Phantom StockF4,F5 | $0.00 | holding | — | — | — | Feb 11, 2011 | Feb 11, 2011 | Common Stock | 101,138 | 101,138 | D |
Explanation of responses
- F1Ownership includes previous awards of 363,332 restricted stock units subject to vesting requirements.
- F2Shares withheld for payment of exercise price and tax liability of previously reported stock grant.
- F3Shares withheld for taxes upon vesting of previously reported stock grant.
- F4Each share of phantom stock represents the right to receive the fair market value of one share of Centene common stock.
- F5The phantom stock has no formal expiration date. The phantom stock will be settled in cash or other non-Company securities upon Mr. Neidorff's termination with the Company or on such other date Mr. Neidorff may elect.