Form 4 for CNC Centene Corporation
Accepted 2021-12-17 00:00:00 ET · period of report 2021-12-15 · accession 0001071739-21-000283 · 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 | NEIDORFF MICHAEL F | COB, CEO, Dir | A - Grant | $76.84 | +230.7K | 6.52M | +4% | +$17.73M |
| D | 2021-12-17 | 2021-12-15 | CNC | NEIDORFF MICHAEL F | COB, CEO, Dir | F - Tax | $81.85 | -117.2K | 6.36M | -2% | -$9.59M |
| D | 2021-12-17 | 2021-12-15 | CNC | NEIDORFF MICHAEL F | COB, CEO, Dir | A - Grant | $0.00 | +74.0K | 74.0K | 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 | 74,947 | $66.42 | 6,479,020.35 | 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 4 filed on December 13, 2018. 153,580 shares were reported based on achievement of target level of performance. |
| 2 | Common | Common Stock | 2021-12-15 | A | A | 155,773 | $81.85 | 6,517,610.35 | D | — | — | (F3) Ownership includes this award of 155,773 restricted stock units. 82,468 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 73,305 units will vest in three annual installments on the anniversary of the grant date. In addition, ownership includes 545,769 shares of restricted stock units subject to vesting requirements. |
| 3 | Common | Common Stock | 2021-12-15 | F | D | 117,183 | $81.85 | 6,361,837.35 | D | — | — | (F2) Shares withheld for taxes upon vesting of previously reported stock grant. |
| 4 | Derivative | Common Stock Option (right to buy) | 2021-12-15 | A | A | 74,000 | $0.00 | 74,000 | D | $81.85 · — to 2031-12-15 | 74,000 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. |