0001071739-20-000277.txt : 20201217
0001071739-20-000277.hdr.sgml : 20201217
20201217193209
ACCESSION NUMBER: 0001071739-20-000277
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201215
FILED AS OF DATE: 20201217
DATE AS OF CHANGE: 20201217
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: NEIDORFF MICHAEL F
CENTRAL INDEX KEY: 0001186257
STATE OF INCORPORATION: MO
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31826
FILM NUMBER: 201397607
MAIL ADDRESS:
STREET 1: 7711 CARONDELET AVENUE
CITY: ST LOUIS
STATE: MO
ZIP: 63105
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CENTENE CORP
CENTRAL INDEX KEY: 0001071739
STANDARD INDUSTRIAL CLASSIFICATION: HOSPITAL & MEDICAL SERVICE PLANS [6324]
IRS NUMBER: 041406317
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 7700 FORSYTH BLVD.
CITY: ST LOUIS
STATE: MO
ZIP: 63105
BUSINESS PHONE: 3147254477
MAIL ADDRESS:
STREET 1: 7700 FORSYTH BLVD.
CITY: ST LOUIS
STATE: MO
ZIP: 63105
4
1
wf-form4_160825151753222.xml
FORM 4
X0306
4
2020-12-15
0
0001071739
CENTENE CORP
CNC
0001186257
NEIDORFF MICHAEL F
7700 FORYSTH BOULEVARD
ST. LOUIS
MO
63105
1
1
0
0
Chairman, President & CEO
Common Stock
2020-12-15
4
A
0
103296
50.43
A
6442204.351
D
Common Stock
2020-12-15
4
F
0
132145
59.73
D
6310059.351
D
Common Stock
2020-12-15
4
A
0
250000
59.73
A
6560059.351
D
Common Stock
605615
I
By GRAT
Common Stock
3600
I
By Spouse
Common Stock Option (right to buy)
59.73
2020-12-15
4
A
0
150000
0
A
2023-12-15
2030-12-15
Common Stock
150000.0
150000
D
Phantom Stock
0.0
2011-02-11
2011-02-11
Common Stock
202276.004
202276.004
D
Common Stock Option (right to buy)
59.62
2022-12-11
2029-12-11
Common Stock
20000.0
20000
D
Common Stock Option (right to buy)
28.51
2019-12-14
2026-12-14
Common Stock
7500.0
7500
D
Represents the additional number of shares earned from a previously reported performance stock unit grant from December 2017 with a three-year performance period. Refer to Form 4 filed on December 14, 2017. 192,000 shares were reported based on achievement of target level of performance.
Shares withheld for taxes upon vesting of previously reported stock grant.
Ownership includes this award of 250,000 restricted stock units. 150,000 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 100,000 units will vest in three annual installments on the anniversary of the grant date. In addition, ownership includes 554,831 shares of restricted stock units subject to vesting requirements.
Owned by a grantor retained annuity trust of which Mr. Neidorff is the trustee and beneficiary of the annuity.
One-third of the options will vest and become non-forfeitable on each of the first three anniversaries of the date of grant. Once vested, the options will remain exercisable for the balance of their full ten year term.
Each share of phantom stock represents the right to receive the fair market value of one share of Centene common stock.
The phantom stock has no formal expiration date. The phantom stock will be settled in cash or other non-Company securities upon Mr. Neidorff's termination with the Company or on such other date Mr. Neidorff may elect.
/s/ Jeffrey A Schwaneke (executed by attorney-in-fact)
2020-12-17