Form 4 for CNC Centene Corporation
Accepted 2023-03-17 00:00:00 ET · period of report 2023-03-15 · accession 0001071739-23-000071 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-17 | 2023-03-15 | CNC | MURRAY JAMES E | EVP, COO | F - Tax | $63.34 | -466 | 135.8K | -0.3% | -$29.5K |
| D | 2023-03-17 | 2023-03-15 | CNC | MURRAY JAMES E | EVP, COO | A - Grant | $63.34 | +67.1K | 202.9K | +49% | +$4.25M |
| D | 2023-03-17 | 2023-03-17 | CNC | MURRAY JAMES E | EVP, COO | A - Grant | $63.19 | +27.39 | 145.40 | +23% | +$1,731 |
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 | 2023-03-15 | F | D | 466 | $63.34 | 135,754 | D | — | — | (F1) Shares withheld for taxes upon vesting of previously reported stock grant. |
| 2 | Common | Common Stock | 2023-03-15 | A | A | 67,099 | $63.34 | 202,853 | D | — | — | (F2) Ownership includes this award of 67,099 restricted stock units. 43,615 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 23,484 units will vest in three annual installments on the anniversary of the grant date. In addition, ownership includes 99,577 shares of restricted stock units subject to vesting requirements. |
| 3 | Derivative | Phantom Stock | 2023-03-17 | A | A | 27.39 | $63.19 | 145.40 | D | $0.00 · 2023-03-17 to 2023-03-17 | 27.39 Phantom Stock | (F4) The phantom stock was acquired by Mr. Murray through regularly scheduled payroll contributions to the Company's deferred compensation plan. (F3) Each share of phantom stock represents the right to receive the fair market value of one share of Centene common stock. (F5) The phantom stock has no formal expiration date. The phantom stock will be settled in cash or other non-Company securities upon Mr. Murray's termination with the Company or on such other date Mr. Murray may elect. |