SEC Form 4 · accession 0001071739-19-000024
CENTENE CORP · CNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cynthia J Brinkley
Officer — EVP, Chief Admin/Markets Offcr
Period of report
Feb 5, 2019
Accepted (ET)
Feb 7, 2019 · 6:43 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 | Feb 5, 2019 | A | 24,500 | $28.40 | A | 333,966 | D | |
| Common StockF2 | Feb 5, 2019 | F | 33,384 | $64.99 | D | 300,582 | 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 | 4,665 | 4,665 | D |
Explanation of responses
- F1Represents the additional number of shares earned from a previously reported performance stock unit grant from December 2015 with a three-year performance period. Refer to Form 4 filed on December 17, 2015. 50,000 shares were reported based on achievement of target level of performance.
- F2Ownership includes 135,734 shares of restricted stock units subject to vesting requirements.
- 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.