SEC Form 4 · accession 0001071739-17-000114
CENTENE CORP · CNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cynthia J Brinkley
Officer — President & COO
Period of report
Dec 15, 2017
Accepted (ET)
Dec 19, 2017 · 5:49 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,F2 | Dec 15, 2017 | F | 3,996 | $99.02 | D | 163,694 | 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,F4 | $0.00 | holding | — | — | — | Feb 16, 2016 | Feb 16, 2016 | Common Stock | 2,332 | 2,332 | D |
Explanation of responses
- F1Shares withheld for taxes upon vesting of previously reported stock grant.
- F2Ownership includes 112,668 shares of restricted stock units subject to vesting requirements and reflects cancellation of 9,000 restricted stock units without consideration on December 18, 2017. 5,400 of the cancelled shares are performance stock units.
- F3Each share of phantom stock represents the right to receive the fair market value of one share of Centene common stock.
- F4The phantom stock has no formal expiration date. The phantom stock will be settled in cash or other non-Company securities upon Ms. Brinkley's termination with the Company or on such other date Ms. Brinkley may elect.