SEC Form 4 · accession 0001071739-16-000327
CENTENE CORP · CNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jesse N Hunter
Officer — EVP, Products
Period of report
Dec 13, 2016
Accepted (ET)
Dec 15, 2016 · 9:29 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 | Dec 13, 2016 | A | 35,000 | $56.26 | A | 245,149 | D | |
| Common StockF2,F1 | Dec 15, 2016 | F | 3,197 | $56.14 | D | 241,952 | D |
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) | $8.42 | holding | — | — | — | Apr 28, 2013 | Apr 28, 2018 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Ownership includes this award of 35,000 restricted stock units. 14,000 units will vest in three annual installments on the anniversary of the grant date. The remaining 21,000 units are performance stock units. The number of performance stock units vesting at the end of the three year period is predicated on meeting three-year performance conditions. In addition, ownership includes 53,334 shares of restricted stock units subject to vesting requirements.
- F2Shares withheld for taxes upon vesting of previously reported stock grant.