Form 4 for CNC Centene Corporation
Accepted 2021-12-17 00:00:00 ET · period of report 2021-12-15 · accession 0001071739-21-000276 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-12-17 | 2021-12-15 | CNC | LAYTON BRENT D | Pres, COO | A - Grant | $76.86 | +45.8K | 543.8K | +9% | +$3.52M |
| D | 2021-12-17 | 2021-12-15 | CNC | LAYTON BRENT D | Pres, COO | F - Tax | $81.85 | -26.2K | 512.6K | -5% | -$2.15M |
| D | 2021-12-17 | 2021-12-15 | CNC | LAYTON BRENT D | Pres, COO | A - Grant | $0.00 | +13.4K | 13.4K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-12-15 | A | A | 14,640 | $66.23 | 538,876.49 | D | — | — | (F1) Represents the additional number of shares earned from a previously reported performance stock unit grant from December 2018 with a three-year performance period. Refer to Form 3 filed on February 12, 2021. 30,000 shares were reported based on achievement of target level of performance. |
| 2 | Common | Common Stock | 2021-12-15 | F | D | 26,243 | $81.85 | 512,633.49 | D | — | — | (F2) Shares withheld for taxes upon vesting of previously reported stock grant. |
| 3 | Common | Common Stock | 2021-12-15 | A | A | 31,155 | $81.85 | 543,788.49 | D | — | — | (F3) Ownership includes this award of 31,155 restricted stock units. 16,494 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. The remaining 14,661 units will vest in three annual installments on the anniversary of the grant date. In addition, ownership includes 289,501 shares of restricted stock units subject to vesting requirements. |
| 4 | Derivative | Common Stock Option (right to buy) | 2021-12-15 | A | A | 13,449 | $0.00 | 13,449 | D | $81.85 · — to 2031-12-15 | 13,449 Common Stock | (F4) Performance Stock Option granted on December 15, 2021, may become exercisable on or after the third anniversary of the grant date if the closing price of CNC's common stock equals or exceeds $100 per share for 20 consecutive trading days following the grant date. |